Observe Medical Registers New Share Tranche

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

Observe Medical ASA, a Nordic medtech company, announced the registration of the second tranche of shares from its recent private placement, contributing to a share capital increase. The newly issued shares, part of a 55 million share offering aimed to raise NOK 22 million, are pending tradability pending a prospectus approved by Norway’s Financial Supervisory Authority. Observe Medical continues to focus on growth and global distribution of its medtech products, with headquarters in Oslo.

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