General Oceans

General Oceans (Ticker: GENO NO) provides underwater sonar, imaging, robotics, and data-collection technology. Formed in 2021, the group brings together Nortek, Strategic Robotic Systems, Reach Robotics, Tritech, Klein, and RS Aqua. The offering includes a primary share issue of approximately NOK 500.00 million and a secondary sale by existing shareholders, including founder Atle Lohrmann and Ferd. Two cornerstone investors have committed to subscribe for NOK 400.00 million. The offering includes a 7,500,000-share greenshoe facility, equal to 15 percent of the base offering. IPO proceeds are intended to support organic growth and provide financial capacity for future acquisitions.

The scheduled listing date on Oslo Børs was March 26, 2026. The indicative price is NOK 21.00 per share. The base offering would represent NOK 1.05 billion, approximately $111.54 million in gross proceeds.

ABG Sundal Collier ASA, Arctic Securities, and DNB Bank ASA are named as offering managers; specific roles are not stated.