Wikborg Rein assisted on The Kingfish Company's Merkur Market listing
Wikborg Rein has assisted The Kingfish Company N.V. (KING-ME) and the joint bookrunners DNB Markets (as sole global coordinator), Arctic Securities, Swedbank Norge and Coöperatieve Rabobank in connection with a private placement and the listing of The Kingfish Company's shares on Merkur Market.
The Kingfish Company raised approximately NOK 535.5 million in the private placement, of which shares for approximately NOK 408 million were allocated to the company's cornerstone investors.
Incorporated in 2015, The Kingfish Company is a leader in high value seafood production, utilising advanced land-based Recirculating Aquaculture System (RAS) technology. It sustainably produces the Dutch Yellowtail Kingfish, a highly versatile seafood species, with an active vertically integrated operation in the Netherlands, and a second site in advanced permitting in Maine, planned to supply the North American market.
The Wikborg Rein team comprised Heidi Ann Bruknapp and Grunde Bruland from Wikborg Rein's fisheries and aquaculture practice and Bjørn Olav Isaksen, Karoline Stock Evje and Per Anders Sæhle from the capital markets team.