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Observe Medical ASA ( (DE:OM50) ) has issued an announcement.
Observe Medical ASA has announced a share capital increase following a private placement and loan conversion, resulting in the issuance of 66,890,000 new shares. These shares will be registered separately until a prospectus is approved and published, expected by the end of Q3 2025, after which they will be tradable on Euronext Expand Oslo.
More about Observe Medical ASA
Observe Medical is a Nordic medtech company based in Oslo, Norway, that specializes in developing, marketing, and selling innovative medical technology products globally. The company focuses on improving patient welfare, clinical data accuracy, and health economics, primarily through products related to urine measurement and ultrasound. It aims to drive growth through sales expertise, targeted mergers and acquisitions, and a strong distribution network.
Average Trading Volume: 240,341
Current Market Cap: NOK25.26M
See more data about OM50 stock on TipRanks’ Stock Analysis page.