Norwegian low-cost carrier has registered both tranches of its privately placement of new shares, which raised gross proceeds of NOK 250 million. Tranche 2 178,545,984 shares have now been registered, following the earlier registration of Tranche 1 29,787,349 shares.
The company’s new registered share capital is NOK 1,266,039.334 divided on 633,019,667 shares, each with a nominal value of NOK 0.002.
The Private Placement was carried out on the basis of an accelerated bookbuilding process managed by Arctic Securities and Carnegie as joint bookrunners after close of markets on 5 May 2022.
The net proceeds from the Private Placement will be used to re-establish Flyr’s financial position, fund expanding flight operations after the re-opening, and general corporate purposes.
Flyr will report its first quarter results tomorrow (25th May).