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Observe Medical Completes Share Issuance, Alters Stakeholder Positions

Story Highlights
  • Observe Medical ASA issued 20,000,000 new shares, increasing total shares to 136,148,412.
  • Key stakeholders’ shareholding percentages changed, with some falling below disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Observe Medical Completes Share Issuance, Alters Stakeholder Positions

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Observe Medical ASA ( (DE:OM50) ) has shared an announcement.

Observe Medical ASA announced the issuance of 20,000,000 new shares to complete a private placement, increasing the total number of shares to 136,148,412. This move has altered the shareholding percentages of several key stakeholders, with some falling below significant disclosure thresholds due to dilution and allocation of new shares.

More about Observe Medical ASA

YTD Price Performance: -89.69%

Average Trading Volume: 199,398

Current Market Cap: NOK51.14M

For a thorough assessment of OM50 stock, go to TipRanks’ Stock Analysis page.

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