Business
Aker : completes investment in Nscale s Series C funding round
Aker : completes investment in Nscale s Series C funding
About this update from Aker Asa Class A
27 Mar 2026 23:47 CET Subscribe Issuer Aker ASA As announced on March 9, 2026, Aker ASA ("Aker"), through a wholly owned subsidiary, participated in the Series C funding round in Nscale Global Holdings Ltd. ("Nscale") alongside leading global investors. The Aker elements included (i) a cash investment of USD 350 million, (ii) the transfer of Aker's 50 percent ownership interest in the Aker Nscale joint venture to Nscale, and (iii) full realization of the earn out mechanism. Aker has today completed these elements. As announced on March 9, 2026, following completion of Nscale's Series C funding, Aker's ownership in Nscale increases from 9.3 percent to approximately 23.9 percent on a fully diluted basis (approximately 27.3 percent of the share capital). Further to this, as announced on March 16, 2026, Nscale has entered into an agreement to acquire American Intelligence & Power Corporation. Following both the completion of the acquisition, and the Series C funding round as described above, Aker's ownership in Nscale is expected to be reduced to approximately 22.7 percent on a fully diluted basis (approximately 25.8 percent of the share capital). -- ENDS -- Investor contact: Fredrik Berge, Head of Investor Relations +47 45 03 20 90 [email protected] Media contact: Atle Kigen, Head of Media Relations and Public Affairs +47 90 78 48 78 [email protected] More information: Access the news on Oslo Bors NewsWeb site Source Aker ASA Provider Oslo Børs Newspoint Company Name AKER, Aker ASA 22/27 6.275pct, Aker ASA 22/27 FRN FLOOR, Aker ASA 22/29 6.50pct, Aker ASA 22/32 6.30pct, Aker ASA 24/31 FRN FLOOR ISIN NO0010234552, NO0012708801, NO0012708819, NO0012755810, NO0012759028, NO0013120493, NO0013200576 Symbol AKER Market Euronext Oslo Børs Company press releases subscription × To subscribe to Press releases from this issuer, visit the Subscription to Company news section in your account section or create an account . Cancel