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Observe Medical ASA ( (DE:OM50) ) has provided an announcement.
Observe Medical ASA has successfully completed its subsequent offering, issuing 24,000,000 new shares at a subscription price of NOK 0.50 per share, raising NOK 12,000,000 in gross proceeds. The offering was oversubscribed, indicating strong investor interest, and the new shares are expected to commence trading on Euronext Expand on or about 22 October 2025. This capital increase will support the company’s growth strategy and strengthen its market position.
More about Observe Medical ASA
Observe Medical is a Nordic medtech company focused on developing, marketing, and selling innovative medical technology products globally. The company specializes in urine measurement and ultrasound technologies, aiming to improve patient welfare, clinical data accuracy, and health economics. Headquartered in Oslo, Norway, Observe Medical leverages its expertise in sales and commercialization, supported by a network of leading distributors.
YTD Price Performance: -89.69%
Average Trading Volume: 199,398
Current Market Cap: NOK51.14M
For an in-depth examination of OM50 stock, go to TipRanks’ Overview page.