Observe Medical Completes Key Private Placement

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

Observe Medical ASA has announced the successful conclusion of Tranche 2 of their private placement, with significant share allocations to primary insiders and close associates, including Ingerø Reiten Investment Company AS and ELI AS. The extraordinary general meeting approved the share capital increase, allowing the company to raise NOK 22 million. This financial maneuver has adjusted the shareholdings, notably reducing Ingerø Reiten Investment Company’s stake below the 15% threshold.

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