Atlantic Sapphire Seeks Up to $25 Million to Sustain Phase 1 Turnaround Toward EBITDA Breakeven

Atlantic Sapphire ASA outlined a financing plan to support its ongoing Phase 1 turnaround and target EBITDA breakeven, according to a February 5 update. The company says it is evaluating funding options of roughly USD 15–25 million to underpin continued execution across production, processing and commercial operations and to ensure liquidity headroom through the planning horizon.
Over the last 18 months, Atlantic Sapphire has pursued a broad-based operational overhaul, reporting tangible gains in harvest biomass (4,365 tons HOG in 2024 to...
To Read Full Story Login Below.