Observe Medical secures new funding
Oslo, 11 September 2023 - Observe Medical ASA (the "Company" or "Observe Medical") has secured new loans with the largest shareholders totaling NOK 7.25 million (the "Loans"). The Loans will be used to finance the first instalment under the asset transfer agreement with Unomedical and running business. The Company will immediately receive payment of NOK 3.2 million to finance the first instalment under the asset transfer agreement with Unomedical. The remaining NOK 4.05 million is subject to an agreement between the parties and will be granted for general corporate purposes. "In