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Lifecare Sets Final Deadline Today for NOK 80–100 Million Rights Issue

Story Highlights
  • Lifecare is a medical sensor firm focused on next-generation continuous glucose monitoring.
  • Lifecare’s partially underwritten rights issue of NOK 80–100 million closes today, with unused subscription rights expiring worthless.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lifecare Sets Final Deadline Today for NOK 80–100 Million Rights Issue

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An announcement from Lifecare AS ( (DE:LFC0) ) is now available.

Lifecare ASA has reminded shareholders that the subscription period for its partially underwritten rights issue, aimed at raising gross proceeds of between NOK 80 million and NOK 100 million, expires today at 16:30 CET. Existing shareholders hold preferential subscription rights, while over-subscription and subscriptions without rights are allowed but not guaranteed allocation, and any subscription rights not exercised by the deadline will lapse without value, underscoring the time-sensitive nature of participation in this capital raise.

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 bringing next-generation continuous glucose monitoring systems to market. Using osmotic pressure as its core sensing principle, the company’s sensor technology is designed to detect and monitor a broad range of analytes and molecules in humans and pets.

Average Trading Volume: 568,098

Current Market Cap: NOK159.4M

For an in-depth examination of LFC0 stock, go to TipRanks’ Overview page.

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