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<title>Electromagnetic Geoservices Asa — News on 6ix</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa</link>
<description>Latest news and press releases for Electromagnetic Geoservices Asa on 6ix.</description>
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<title>EMGS: Signed agreement for asset sale transaction</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-signed-agreement-for-asset-sale-transaction-1</link>
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<pubDate>Tue, 31 Mar 2026 16:16:00 GMT</pubDate>
<description>Reference is made to the stock exchange announcement published by Electromagnetic Geoservices ASA (the "Company" or "EMGS") on 9 March 2026 regarding a non-binding term sheet for a transaction (the "Transaction") under which an undisclosed, independent third-party would acquire EMGS' business operations and assets, including hardware, IPR, contractual positions and all of the Company's employees (together, the "EM Business"). EMGS has now entered into a binding transaction agreement (the "Agreem</description>
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<title>EMGS: Non-binding term sheet for asset transaction</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-non-binding-term-sheet-for-asset-transaction-1</link>
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<pubDate>Mon, 09 Mar 2026 06:36:00 GMT</pubDate>
<description>Reference is made to the previous stock exchange announcements and information published by Electromagnetic Geoservices ASA (the "Company" or "EMGS") regarding the Company's financial situation, including the Company's interim financial report for the fourth quarter of 2025 published on 11 February 2026 and the stock exchange announcements published on 2 January 2026 and 1 October 2025. As previously announced, the Company has been evaluating all available strategic alternatives in order to safe</description>
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<title>EMGS reports fourth quarter 2025 results</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-reports-fourth-quarter-2025-results</link>
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<pubDate>Wed, 11 Feb 2026 19:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the fourth quarter of 2025 is attached. Summary: * The Company recorded revenues of USD 3.9 million, down from USD 9.7 million in the fourth quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 1.3 million, down from USD 7.9 million in the fourth quarter of 2024.* EMGS impaired USD 3.9 million in long-term assets and USD 2.7 million in</description>
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<title>EMGS – Vessel activity and multi-client sales update for the fourth quarter 2025</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-vessel-activity-and-multi-client-sales-update-for-the-fourth-quarter-2025</link>
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<pubDate>Tue, 06 Jan 2026 19:30:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. The Atlantic Guardian was r</description>
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<title>EMGS: Going Concern & Capital Structure</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-going-concern-and-capital-structure</link>
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<pubDate>Fri, 02 Jan 2026 06:30:00 GMT</pubDate>
<description>Reference is made to the stock exchange announcement published by Electromagnetic Geoservices ASA's (the "Company" or "EMGS") on 5 November 2025 and to the Company's interim financial report for the third quarter of 2025. As announced, EMGS expects to require additional funding within the near term to sustain operations, and the Company is evaluating several alternatives to preserve value for its stakeholders, including restructuring options. The Company has retained an external advisory firm to</description>
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<title>EMGS reports third quarter 2025 results</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-reports-third-quarter-2025-results</link>
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<pubDate>Wed, 05 Nov 2025 19:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the third quarter of 2025 is attached. No separate market presentation will be published this quarter. Summary: * The Company recorded revenues of USD 0.1 million, down from USD 1.1 million in the third quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 6.3 million, down from negative USD 5.9 million in the third quarter of 2024.* Fre</description>
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<title>EMGS – Vessel activity and multi-client sales update for the third quarter 2025</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-vessel-activity-and-multi-client-sales-update-for-the-third-quarter-2025</link>
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<pubDate>Tue, 07 Oct 2025 18:30:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. At the end of the third qua</description>
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<title>EMGS reports second quarter 2025 results</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-reports-second-quarter-2025-results</link>
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<pubDate>Tue, 12 Aug 2025 19:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2025 are attached. Summary: * The Company recorded revenues of USD 9.6 million, down from USD 13.8 million in the second quarter of 2024 and down from USD 10.0 million in the first quarter of 2025. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.1 million, down from USD 7.0 million in the second quarter of 202</description>
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<title>EMGS – Vessel activity and multi-client sales update for the second quarter 2025</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-vessel-activity-and-multi-client-sales-update-for-the-second-quarter-2025</link>
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<pubDate>Mon, 07 Jul 2025 16:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. At the end of the second qu</description>
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<title>EMGS: Annual general meeting held</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-annual-general-meeting-held</link>
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<pubDate>Thu, 19 Jun 2025 11:26:00 GMT</pubDate>
<description>The annual general meeting (the "AGM") of Electromagnetic Geoservices ASA ("EMGS" or the "Company") was held today, 19 June 2025 at 12:00 CEST. All items on the agenda were resolved in accordance with the board of directors' proposals and the Nomination Committee's recommendations. Following the election of new board members at the annual general meeting, the following persons constitute the Company’s board of directors: - Kenneth Ross (Chairman) - Stig Tore Vangen - Glenn Pettersen - Marianne E</description>
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<title>EMGS: Notice of Annual General Meeting</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-notice-of-annual-general-meeting</link>
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<pubDate>Wed, 28 May 2025 14:00:00 GMT</pubDate>
<description>Notice is hereby given of the annual general meeting of Electromagnetic Geoservices ASA ("EMGS" or the "Company"). The annual general meeting will be held at the Company's offices in Karenslyst Allé 4, 4(th) floor, 0278 Oslo, Norway on 19 June 2025 at 12:00 CEST. The calling notice is attached to this stock exchange notification, and will, together with all appendixes, the Company's annual report for 2024, and the remuneration report for 2024 be published on the Company's webpage www.emgs.com.Co</description>
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<title>EMGS reports first quarter 2025 results</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-reports-first-quarter-2025-results</link>
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<pubDate>Tue, 13 May 2025 18:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the first quarter of 2025 are attached. Summary: * The Company recorded revenues of USD 10.0 million, up from USD 0.2 million in the first quarter of 2024 and up from USD 9.7 million in the fourth quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.0 million, up from negative USD 3.8 million in the first quarter of 202</description>
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<title>EMGS: Result of Written Resolution of Bondholders</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-result-of-written-resolution-of-bondholders</link>
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<pubDate>Wed, 07 May 2025 15:07:00 GMT</pubDate>
<description>Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 6 May 2025 pertaining to EMGS’ proposal to extend the maturity date for, and amend certain terms of, the Company’s outstanding bond issue Elec ASA 18/25 FRN USD FLOOR STEP C CONV (“EMGS03”). EMGS has today been notified by Nordic Trustee AS, as trustee for EMGS03, that the proposed resolution has been resolved and adopted. The notice from the written bondholders' resolut</description>
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<title>EMGS: Summons for written resolution in relation to Elec ASA 18/25 FRN USD FLOOR STEP C CONV</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-summons-for-written-resolution-in-relation-to-elec-asa-1825-frn-usd-floor-step-c-conv</link>
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<pubDate>Tue, 06 May 2025 19:34:00 GMT</pubDate>
<description>Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 6 May 2025 regarding the Siem Day transaction, including the information therein regarding a proposed extension of the maturity date for Elec ASA 18/25 FRN USD FLOOR STEP C CONV (“EMGS03”) as well as certain other proposed amendments to the bond terms related to the transaction. Attached hereto is a summons for a written resolution by the bondholders in EMGS03. The propo</description>
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<title>EMGS: Establishes new business platform within Subsea Construction through vessel acquisition – no equity required</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-establishes-new-business-platform-within-subsea-construction-through-vessel-acquisition-no-equity-required</link>
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<pubDate>Tue, 06 May 2025 18:35:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce a significant step in the Company’s strategic development through the establishment of a new business platform within the offshore subsea construction market. EMGS has entered into a set of agreements for a transaction (the “Transaction”) whereby a newly formed subsidiary of the Company will acquire the OSCV Siem Day (the “Vessel”) from Siem Day II AS (the “Seller”). The Siem Day, built in 2013 by Vard, Brattvåg, is</description>
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<title>EMGS – Annual report for 2024 - ESEF</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-annual-report-for-2024-esef</link>
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<pubDate>Tue, 29 Apr 2025 19:00:00 GMT</pubDate>
<description>Reference is made to the stock exchange notice published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 24 April 2025, where EMGS published its audited financial statements and annual report for 2024. As noted by the Company in that stock exchange notification, the European Single Electronic Format (ESEF) 2024 annual report would be published on or about 29 April 2025. The ESEF file is attached to this stock exchange notification and will also be available on www.emgs.com. Conta</description>
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<title>EMGS – Board of directors approves audited financial statements and annual report for 2024</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-board-of-directors-approves-audited-financial-statements-and-annual-report-for-2024</link>
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<pubDate>Thu, 24 Apr 2025 20:15:00 GMT</pubDate>
<description>The board of directors of Electromagnetic Geoservices ASA ("EMGS" or the "Company") has today approved EMGS' 2024 annual financial statements and annual report. There are no material changes to the financial statements compared to the preliminary and unaudited full year results presented by the Company on 10 February 2025. EMGS' annual report for 2024 is enclosed to this stock exchange notification. Based on ongoing dialogue, it is the Company’s understanding that bondholders in the Company’s ou</description>
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<title>EMGS – Vessel activity and multi-client sales update for the first quarter 2025</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-vessel-activity-and-multi-client-sales-update-for-the-first-quarter-2025</link>
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<pubDate>Thu, 17 Apr 2025 15:00:00 GMT</pubDate>
<description>Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate. At the end of the first qua</description>
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<title>EMGS Receives Contract Related to Previously Announced Letter of Award for Survey in India</title>
<link>https://6ix.com/company/electromagnetic-geoservices-asa/news/emgs-receives-contract-related-to-previously-announced-letter-of-award-for-survey-in-india</link>
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<pubDate>Mon, 24 Mar 2025 17:00:00 GMT</pubDate>
<description>Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 15 January 2025 wherein EMGS announced that the Company had received a Letter of Award for a CSEM survey in India. The Company is pleased to announce that the final contract has now been signed. Under the signed contract, the final contract value remains approximately USD 10 million, i.e. in accordance with the expectation under the Letter of Award. ContactAnders Eimstad</description>
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