Camanio Care’s rights issue is successfully closed

Camanio Care AB has now closed the rights issue and oversubscription issue. The rights issue was fully subscribed with 100 % by 5,2 million SEK, and another 1,0 million SEK was subscribed to in the oversubscription rights issue. Through these rights issues the company acquired a total of 4,9 million SEK in cash and the remaining 1,2 million SEK by an offset.

- We are happy for the continuous confidence from our existing owners, and at the same time welcome new owners to Camanio Care. The capital will be used to continue our successful commercialization of digital care technology that helps elderly to receive quality care at home, says Catharina Borgenstierna, CEO Camanio Care AB.

The offset concerns refunding of shareholder’s contributions (741 751 SEK) as well as part of the purchase price for the acquisition of Vital Integration AB (500 000 SEK). Costs of the rights issue is estimated to 0,2 million SEK.

In total 3 596 840 new shares and 899 210 new warrants is issued through the complete rights issue. After the registration of the issue, the company has in total 20 271 379 shares, 2 431 980 warrants and 1,350,000 staff warrants. All shares are common shares. The company has no other outstanding convertible debt.

A description of the company as well as terms for the rights issue and oversubscription issue is available on the company’s website: https://www.camanio.com/en/invest/

For further information, please contact:
Catharina Borgenstierna, CEO
Telephone: +46733-93 00 07
E-mail: catharina.borgenstierna@camanio.com

About Camanio Care
Camanio Care is a care tech company that develops smart technologies for an excellent care at home with the individual in focus. Camanio Care offers digital service platforms for digital care, robotics and assistive devices, with products such as VITAL, BikeAround TM, Bestic® and Giraff TM. Through three focus areas; Activation, Mealtime and Digital care, Camanio Care wishes to support people's basic needs and increase accessibility and quality within health care. Headquartered in Stockholm, Camanio Care has a subsidiary in the US, and global reach via distributors in Asia, the Middle East, Hong Kong, Australia and in ten European countries.

Subscribe to our press releases and read more about us, Camanio Care at: https://www.camanio.com/en/.

This information is information that Camanio Care is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, on November 23rd, 2018.  

About Us

Camanio Care is a care technology company developing smart solutions for digital home care with the individual in focus. The company offers digital service platforms, products and services, such as Vital Smart Care, ICE, BikeAround, Bestic and Giraff. Through optimizing the mix of physical and digital care, Camanio Care works to support the basic needs of individuals and increasing the freedom, efficiency and quality of care. Camanio Care has its headquarters in Stockholm, the subsidiary Camanio Care Inc. in the U.S., and distributors in Asia, Middle East, Hongkong, Australia and tens of European countries.

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