Strand Releasing has acquired U.S. rights to Joachim Trier’s “Oslo, August 31st” and plans a late spring release.

The character study of a young man spending a day away from his drug rehab center premiered last May at the Cannes Film Festival and was selected for the Toronto and AFI film festivals. It will be showcased at Sundance this week and has been tapped as a selection in the New Directors/New Films program at the Museum of Modern Art in March.

The deal was done between Marcus Hu of Strand Releasing and Michael Weber of the Match Factory.

Brigitte Suarez of the Match Factory said “Oslo” has sold in 20 territories.

“Oslo” was produced by Motlys and Don’t Look Now. Strand plans to exhibit the film in several other U.S. festivals before its theatrical opening.

Trier’s previous film, “Reprise,” received the best director nod at Karlovy Vary and the Discovery Award at Toronto.

Strand’s current releases include Paddy Considine’s “Tyrannosaur” and Philippe Le Guay’s “The Women on the 6th Floor.”