Norcod private placement nets USD 20 million

A Norcod employee holding a container filled with harvested cod.

Trondheim, Norway-based Norcod, an aquaculture company that farms Atlantic cod (Gadus morhua) in mid-country fjords, announced a successful private placement earning NOK 175 million (USD 20 million, EUR 18.3 million) at the end of March 2022. The funds were raised through an allocation of 2,187,500 shares at a subscription price of NOK 80 (USD 9.20, EUR 8.39) per share …

Photo courtesy of Norcod

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