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Navamedic ASA Completes Rights Issue and Share Capital Increase

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Navamedic ASA Completes Rights Issue and Share Capital Increase

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An announcement from Navamedic ASA ( (DE:N1A) ) is now available.

Navamedic ASA has completed a rights issue, resulting in the allocation of over 6 million shares at NOK 21.50 each, and issued additional shares to underwriters as commission. This capital increase, now registered with the Norwegian Register of Business Enterprises, raises the company’s share capital to NOK 17.7 million, enhancing its financial position and market operations.

More about Navamedic ASA

Navamedic ASA is a full-service provider of high-quality healthcare products to hospitals and pharmacies. The company leverages its scalable market access platform, category competence, and local knowledge to meet medical needs in the Nordic countries, the Baltics, Benelux, and Greece. Headquartered in Oslo, Norway, Navamedic is listed on the Oslo Stock Exchange.

YTD Price Performance: -8.99%

Average Trading Volume: 14,363

Current Market Cap: NOK551.6M

For an in-depth examination of N1A stock, go to TipRanks’ Overview page.

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