Firda launches mandatory bid for Airthings shares

Firda AS has commenced the acceptance period for its mandatory offer to acquire all issued and outstanding shares in Airthings ASA at a price of NOK 0.10 per share. The offer document, approved by the Financial Supervisory Authority of Norway, details the terms and conditions for shareholders.

The acceptance period for the offer began on November 4, 2025, and is set to expire on December 4, 2025. DNB Carnegie is acting as both financial advisor and receiving agent for the offer.

The offer price of NOK 0.10 per share matches the price in a private placement announced by Airthings on September 11, 2025. This price represents the highest payment Firda has made or agreed to in the six months prior to the mandatory bid obligation being triggered on October 8, 2025, when Firda crossed the one-third ownership threshold.