Observe Medical – Update on operational status after completion of the Rights Issue
Oslo, 18 January 2024: Reference is made to the stock exchange announcement published by Observe Medical ASA (the "Company" or "Observe Medical") on 12 December 2023 regarding the final results of the rights issue of minimum 69,230,770 new shares and maximum 211,538,461 new shares in the Company at a subscription price of NOK 0.26 per share (the "Rights Issue"). The Company aimed to raise between minimum NOK 18 million and maximum NOK 55 million in gross proceeds in the Rights Issue. The total gross proceeds from the Rights Issue were NOK 35,670,322.48, of which NOK 21,525,405.98 was