The Kingfish Company - EUR 50m - Private Placement & Merkur Market listing

Arctic acted as Joint Bookrunner in relation to the Private Placement in The Kingfish Company and subsequent listing on Merkur Markets with a total transaction size of EUR 50 million.

The proceeds from the transaction will be used to fully fund new capacity expansion in the Company's Europe facility (The Netherlands, System F), acceleration of permitting and engineering for the Company's United States (Maine) roll-out plan and general corporate purposes at the current site in the Netherlands. The first day of trading on Merkur Market is expected to be on or about 25 November 2020.

We are grateful for the vote of confidence and congratulate on the successful transaction.

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