Arctica Finance's Corporate Finance department provides various services related to financial markets to small and medium sized enterprises, large cap enterprises, institutions, public entities and individuals, both domestically and internationally.
Arctica Finance's Capital Markets focus on servicing domestic and overseas institutional investors with Icelandic related exposure.
Aurora Abalone has closed a share capital increase of ISK 1.5 billion (approx. EUR 11 million). The proceeds will support the largest build-out phase in the company's history: building annual production of 100 tonnes of abalone. Abalone is a gourmet product sought after by the world's leading chefs.
Arctic Therapeutics (ATx), an Icelandic clinical-stage biopharmaceutical company translating genetic discoveries into new treatments for diseases with significant unmet medical need, has announced the closing of a USD 21.5 million financing round, equivalent to approximately ISK 2.5 billion. The financing round was oversubscribed, and size was increased following strong investor demand.
Travel Connect has reached an agreement to acquire Haman Group, a well-established Scandinavian travel company, marking an exciting new chapter for the Group and strengthening its position in international travel markets.
