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Lifecare Issues Underwriting Commission Shares and Warrants Following Rights Issue

Story Highlights
  • Lifecare will issue 12 million new shares as underwriting commission, raising NOK 1.2 million.
  • The company will grant 18 million warrants tied to these shares, with board-linked Teigland Eiendom receiving a notable allocation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lifecare Issues Underwriting Commission Shares and Warrants Following Rights Issue

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

Lifecare ASA has resolved to issue 12,000,000 new shares as underwriting commission to the underwriters of its partially underwritten rights issue, at a subscription price of NOK 0.50 per share, resulting in a share capital increase of NOK 1,200,000. In addition, the company will issue a total of 18,000,000 warrants in two series linked to these underwriting commission shares, with defined exercise windows in March and June 2026, and disclosed that Teigland Eiendom AS, a company closely associated with board member Trine Teigland, has been allocated 480,000 of the new shares and 720,000 warrants, underscoring board-level participation in the financing structure.

More about Lifecare AS

Lifecare ASA is a medical sensor company developing technology for sensing and monitoring various body analytes, with a strategic focus on bringing next-generation continuous glucose monitoring systems to market. Using osmotic pressure as its core sensing principle, Lifecare’s sensor platform is designed to detect and track a broad range of analytes and molecules in humans and pets.

Average Trading Volume: 509,715

Current Market Cap: NOK143.2M

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

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