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Lifecare AS ( (DE:LFC0) ) has issued an update.
Lifecare ASA has completed a rights issue of 160 million new shares at NOK 0.50 per share, raising gross proceeds of NOK 80 million, and is issuing free warrants in two series to subscribers, exercisable in March and June 2026. Board member Hans Hekland has been allocated 820,261 offer shares, largely through his underwriting commitment, along with 1,230,392 warrants allocated to him personally, underscoring strong insider participation in the capital raise and bolstering the company’s financial position to advance its sensor technology initiatives.
More about Lifecare AS
Lifecare ASA is a medical sensor company developing technology for sensing and monitoring various body analytes, with a primary focus on next-generation continuous glucose monitoring systems. Using osmotic pressure as its core sensing principle, the company designs sensor technology applicable to detecting and tracking a broad range of analytes and molecules in humans and pets.
Average Trading Volume: 539,567
Current Market Cap: NOK157.7M
For detailed information about LFC0 stock, go to TipRanks’ Stock Analysis page.