First day of trading in Tendo

Today is the first day of trading in Tendo, a Swedish medical technology company that develops medical technology robotic aids. The company is currently developing the product Tendo OneGrip, a glove with a so-called integrated exoskeleton that assists people with limited hand function as a result of a spinal cord injury.

Tendo is a medical technology company founded in 2016 and based in Lund, Sweden. The company develops medical technology robotic aids for people with hand disabilities resulting from a spinal cord injury. Since Tendo was founded, the Company has developed the product Tendo OneGrip. The product is a glove with a so-called integrated exoskeleton that assists people with limited hand function. The ambition is to help people with limited hand function to be able to manage their daily activities on their own and contribute to a significant improvement in quality of life. In connection with the listing, Tendo is making a new share issue intended to strengthen working capital and enable a market launch of TendoGrip in 2023. 

“We are very proud and grateful that the issue was fully subscribed, not least in the current market circumstances. The capital will allow us to deliver on our milestones and thus launch Tendo OneGrip in the Scandinavian market as an important first step to accelerate our growth. I would like to thank all new shareholders for their confidence – welcome," comments CEO Sofie Woge, Tendo.

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“Today we welcome Tendo to Spotlight - a medical technology company preparing for the market launch of the product Tendo OneGrip. We look forward to following their journey ahead," says Carl-Henrik Nordberg, Head of Listing, Spotlight.

Press contact
Anders Eriksson, Head of Marketplace Spotlight
+46 79 006 65 66, ae@spotlightstockmarket.com

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