Atlantic Sapphire needs more cash, claims it has stabilized production

The company's attempt to raise money in November fell short of its target.

In late, October, Johan Andreassen announced he would be stepping down from his role as CEO. The company has so far not named his replacement.
In late, October, Johan Andreassen announced he would be stepping down from his role as CEO. The company has so far not named his replacement.Photo: Anders Furuset