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CodeLab Capital Announces Reverse Share Split and Share Issuance

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PatientSky Group AS ( (DE:P99) ) has shared an update.

CodeLab Capital AS has announced a reverse share split at a 50:1 ratio, requiring the issuance of 28 new shares to achieve a share count divisible by 50. This move is part of a strategic adjustment approved at an extraordinary general meeting, with Lorenz AS, linked to board chairman Anton Lorenz Bondesen, subscribing to the new shares, indicating a focus on restructuring capital for better market alignment.

More about PatientSky Group AS

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2M

See more insights into P99 stock on TipRanks’ Stock Analysis page.

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