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The latest update is out from Observe Medical ASA ( (DE:OM50) ).
Observe Medical ASA announced the preliminary results of its subsequent offering, revealing that 30,159,322 Offer Shares have been subscribed, exceeding the initial target of 24,000,000 shares. This oversubscription indicates strong investor interest and could enhance the company’s capital base, supporting its strategic growth initiatives in the medtech sector. The final allocation of shares is expected shortly, with trading anticipated to commence on Euronext Expand by late October 2025.
More about Observe Medical ASA
Observe Medical is a Nordic medtech company based in Oslo, Norway, specializing in the development, marketing, and sale of innovative medical technology products. The company focuses on improving patient welfare and clinical data accuracy, with a strong emphasis on urine measurement and ultrasound technologies. It aims to drive growth through sales expertise, commercialization, and strategic mergers and acquisitions, supported by a global network of leading distributors.
Average Trading Volume: 199,398
Current Market Cap: NOK53.45M
For an in-depth examination of OM50 stock, go to TipRanks’ Overview page.