Optin Bank ASA Completes Private Placement and start of Subsequent Offering

Optin Bank ASA, a technology-driven bank listed on the NOTC that offers flexible financial solutions to the private market, has completed a Private Placement directed towards some existing shareholders and new investors.

The Board of Directors has allocated shares and resolved to issue 3,034,947 new shares at a price of NOK 11 per share. Delivery of the new shares are expected on or about 25 January 2019. 

The new capital will be used to support the Optin Bank’s further growth and build transaction volume in eCommerce Financing.

Aabø-Evensen & Co Advokatfirma has acted as legal advisors to Optin Bank ASA in connection with the Private Placement.

Click here to learn more (NOTC-notice)