Bondholders have converted notes into Dof shares worth NOK 25.5m ($3.04m).
Following the deal, the new outstanding amount under the subordinated convertible bond is NOK 285m.
In February, holders elected to convert NOK 29.5m of bonds into shares.
Following that transaction, about NOK 380m of the issue remained outstanding.
Last month, Dof launched a second share offering after selling out its first NOK 500m private placement.
