Blue Lagoon Corp. has closed its public share offering, selling 150 million shares at ISK 95 per share and raising just under ISK 14.3 billion in total proceeds.
The offering closed on 13 November 2026, drawing close to 4,000 subscriptions with a combined value of approximately ISK 15.3 billion. Because demand exceeded supply, subscriptions were scaled back in line with the terms of the offering. Investors are to be notified of their allocation by 16 November, with payment due on 18 November and share delivery expected no later than 20 November.
Trading of Blue Lagoon Corp. shares on the Nasdaq Iceland Main Market is scheduled to begin on 20 November, subject to Nasdaq Iceland confirming sufficient distribution of shares before the first trading day. Following the offering, the company has 1,024,763,489 shares outstanding.
Landsbankinn and Fossar Investment Bank managed the public offering, with Landsbankinn also handling the admission of the shares to the Nasdaq Iceland Main Market.
Blue Lagoon Corp. was founded in 1992 and operates tourism destinations in Iceland. The company has stated its intention to develop further experience and wellbeing destinations across the country.
Source: landsbankinn.is
