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Thor Medical ASA’s Private Placement Boosts Scatec Innovation’s Stake

Story Highlights
  • Thor Medical ASA specializes in alpha particle emitters for the radiopharmaceutical industry.
  • Scatec Innovation AS increased its stake to 26.7% in Thor Medical after Tranche 2.
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Thor Medical ASA’s Private Placement Boosts Scatec Innovation’s Stake

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Nordic Nanovector ASA ( (DE:8NN) ) has provided an update.

Thor Medical ASA announced the completion of Tranche 2 of its private placement, resulting in Scatec Innovation AS significantly increasing its shareholding in the company. The transaction saw Scatec Innovation AS cross key regulatory thresholds, now holding approximately 26.7% of the company’s shares and voting rights, indicating a stronger influence in the company’s governance and future strategic direction.

More about Nordic Nanovector ASA

Thor Medical ASA is an emerging supplier in the radiopharmaceutical industry, specializing in the production of radionuclides, primarily alpha particle emitters, derived from naturally occurring thorium. The company utilizes a proprietary process that avoids irradiation or nuclear reactors, offering an environmentally friendly and cost-efficient solution. Thor Medical is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol ‘TRMED’.

YTD Price Performance: -10.0%

Average Trading Volume: 5,744

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €59.78M

See more data about 8NN stock on TipRanks’ Stock Analysis page.

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