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Lifecare ASA Raises NOK 17.1 Million Through Warrant Exercise

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Lifecare ASA Raises NOK 17.1 Million Through Warrant Exercise

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The latest update is out from Lifecare AS ( (DE:LFC0) ).

Lifecare ASA announced the successful exercise of 3,207,994 Warrants, resulting in gross proceeds of NOK 17.1 million. This development has increased the company’s share capital to NOK 99,117,059.60, divided into 19,060,973 shares. The new shares are expected to be delivered to applicants around 26 June 2025, pending timely payment. This capital increase strengthens Lifecare’s financial position, potentially enhancing its market presence and ability to advance its CGM technology.

More about Lifecare AS

Lifecare ASA is a medical sensor company focused on developing technology for sensing and monitoring various body analytes. The company aims to introduce the next generation of Continuous Glucose Monitoring (CGM) systems, utilizing osmotic pressure as a sensing principle. Their sensor technology is applicable for monitoring a wide range of analytes and molecules in both humans and pets.

Average Trading Volume: 41,346

Current Market Cap: NOK96.39M

For detailed information about LFC0 stock, go to TipRanks’ Stock Analysis page.

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