AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Prosafe SE: prelim results of exercise period for warrants
ByAinvest
Monday, Aug 25, 2025 11:06 am ET1min read
Prosafe SE: prelim results of exercise period for warrants
Prosafe SE has concluded the exercise period for its warrants, which ended on August 25, 2025, at 16:30 CEST. The exercise period allowed warrant holders to convert their warrants into shares at a subscription price of EUR 0.01 [1]. Prosafe SE has provided detailed instructions for exercising warrants, including online submission for Norwegian residents with a Norwegian personal identification number.The subscription price upon exercise is EUR 0.01, with a NOK-based exchange mechanism that debits each exercising warrant holder a NOK amount of NOK 0.15 per share [1]. Further information about the warrants offering, including exercise procedures and terms, is available in the prospectus approved by the Norwegian Financial Supervisory Authority dated July 18, 2025 [1].
Prosafe SE's recent financial results and market outlook also provide context for the warrants exercise. The company reported EBITDA of USD 3.1 million for the second quarter and USD 7.7 million for the first half of 2025. The company's backlog increased by 60% compared to the second quarter last year, reflecting strong demand and strategic contract renewals [3]. The company expects 2025 EBITDA to be in the USD 35 to 40 million range, with a post-recapitalisation net debt of USD 220 million [3].
Prosafe SE's strategic focus includes capitalising on the improving market, particularly in Brazil, where long-term contracts provide stability. The company is also looking to optimise operations and manage legacy contracts to enhance future earnings potential [2].
For further information, please contact:
Terje Askvig, CEO, Phone: +47 952 03 886
Reese McNeel, CFO, Phone: +47 415 08 186
References:
[1] https://uk.finance.yahoo.com/news/prosafe-se-last-day-exercise-060000063.html
[2] https://finance.yahoo.com/news/prosafe-se-fra-1q6-q2-070131146.html
[3] https://www.globenewswire.com/news-release/2025/08/22/3137646/0/en/Prosafe-SE-Second-quarter-results-and-first-half-report-2025.html
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet