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CodeLab Capital Halts Subsequent Offering Post Private Placement

Story Highlights
  • CodeLab Capital AS will not proceed with a subsequent offering after a private placement.
  • Shareholders can mitigate dilution by buying shares at market prices below the subscription price.
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CodeLab Capital Halts Subsequent Offering Post Private Placement

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PatientSky Group AS ( (DE:P990) ) has shared an update.

CodeLab Capital AS has announced that it will not proceed with a subsequent offering following a private placement, as the company’s shares have been trading below the subscription price for over two months. This decision allows shareholders to mitigate the dilutive effects of the private placement by purchasing shares at market prices, potentially impacting the company’s capital strategy and shareholder value.

More about PatientSky Group AS

Average Trading Volume: 32,917

Current Market Cap: NOK36.87M

For an in-depth examination of P990 stock, go to TipRanks’ Overview page.

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