CS MEDICA A/S: Update on the Strategic Rationale Behind CANNORDIC IPO and Aim for Capital Increase
CS MEDICA A/S Announces Key Updates Ahead of the Extraordinary General Meeting (EGM) today: Developments in CANNORDIC’s Capital Increase, IPO Progress, and Share Allocation to CS MEDICA Shareholders, with a Cut-Off Date Set for November 22, 2024.CS MEDICA is now conducting a capital raise in its CANNORDIC, which provides the group with an opportunity to accelerate sales, marketing, and development. The company’s growth has been hindered for some time due to a lack of liquidity to implement key growth initiatives. CS MEDICA’s management, together with external advisors, has determined that