Observe Medical Completes Key Private Placement Tranche

Observe Medical ASA (DE:OM5A) has released an update.

Observe Medical ASA has announced the completion of the first tranche of their Private Placement, with the redelivery of shares previously lent by Ingerø Reiten Investment Company AS and ELI AS. Following the transaction, Ingerø Reiten Investment Company AS’s ownership in Observe Medical has exceeded the 15% threshold, triggering a disclosure requirement under the Norwegian Securities Trading Act.

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