FIFAX Plc, company release, 22 July 2025 at 12:00 EEST
On 10 July 2025, FIFAX Plc (“Fifax”) filed for the company’s bankruptcy. The District Court of Åland handed down its decision to declare Fifax bankrupt (docket number 2025/715) on 14 July 2025 at 10:00 a.m. EEST. The order of bankruptcy has become final.
As per applicable regulations, Fifax has applied for the delisting of its shares from the Nasdaq First North Growth Market (“First North Market”). On 22 July 2025, Nasdaq Helsinki made the decision to remove Fifax’s shares from the First North Market.
Additional information:
Attorney-at-Law Robert Peldán
Borenius Attorneys Ltd
+358 50 341 5481
fifax@borenius.com
Certified Advisor:
Aktia Alexander Corporate Finance Oy
+358 50 520 4098
Fifax in brief
Fifax’s vision is to be a forerunner in large-scale sustainable fish farming with a minimal impact on the environment, so that locally and sustainably produced fish can be enjoyed by its customers all year round. Established in 2012, Fifax utilizes ultra-intensive Recirculating Aquaculture Systems (RAS) technology based on the principle of an almost completely closed water circulation within the facility, where the fish live in large land-based indoor tanks. Indoor tanks better safeguard against external factors, and the environmental impact and pollution from the facility is significantly lower when compared to traditional fish farming in water bodies.
Fifax Plc’s shares have been listed in Nasdaq First North Growth Market Finland.
