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Hofseth BioCare delays share transaction completion to Q2 2026, expects NOK 158M proceeds to boost growth.

Company Fundamentals
27 Mar 2026
GlobeNewsWire
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Bullish
pluang ai news

Hofseth BioCare ASA has approved its 2025 financial statements and published its annual and sustainability reports. The company announced a share placement in October 2025 to raise NOK 158 million, but completion is delayed due to technical and legal issues with the main investor. The Board expects the transaction to finalize in Q2 2026, which will strengthen the company's balance sheet and support growth. Hofseth BioCare focuses on sustainable health products derived from salmon industry by-products and has ongoing biotech ventures.

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