General Oceans ASA (Ticker: GENO NO) is a Norwegian holding company operating in the underwater technology sector, focusing on sonar, imaging, robotics, and data collection. Formed in 2021, the group unites several established brands, including Nortek, Strategic Robotic Systems, Reach Robotics, Tritech, Klein, and RS Aqua. General Oceans plans to list on Euronext Oslo Bors on March 26, 2026, planning to offer 50,000,000 shares at a price of NOK 21.00 per share, raising an offer size of NOK 1.05 billion (USD 108.99 million). At the IPO price, the company will reportedly have a pre-money equity value of NOK 3.44 billion.

According to sources, the IPO comprises a primary share issue of approximately NOK 500 million alongside a secondary offering by existing shareholders, including founder Atle Lohrmann and Ferd. General Oceans plans to use the IPO proceeds to support sustained organic growth and provide financial capacity for future acquisitions. Reportedly, the offering includes a 15 percent greenshoe facility of 7,500,000 shares, and two cornerstone investors have committed to subscribing for NOK 400 million. The managers of the offering are ABG Sundal Collier ASA, Arctic Securities, and DNB Bank ASA.