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Observe Medical ASA ( (DE:OM50) ) has provided an announcement.
Observe Medical ASA has announced its plans to list new shares on Euronext Expand following a private placement and a subsequent offering. The company is preparing a prospectus for the listing, which is subject to approval by the Norwegian Financial Supervisory Authority. This strategic move is expected to enhance Observe Medical’s market positioning and provide growth opportunities through increased capital and partnerships, particularly with Songa Capital AS and the Blystad group.
More about Observe Medical ASA
Observe Medical is a Nordic medtech company headquartered in Oslo, Norway, focused on developing, marketing, and selling innovative medical technology products globally. The company specializes in urine measurement and ultrasound technologies, aiming to improve patient outcomes and clinical data accuracy while promoting positive health economics.
Average Trading Volume: 229,835
Current Market Cap: NOK80.17M
See more data about OM50 stock on TipRanks’ Stock Analysis page.