Spotlight welcomes Odinwell

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Today is the first day of trading Odinwell AB, a medtech company that specializes in the development of medical devices addressed to wound care management.

The company is developing a platform for wound care with associated technological aids to analyze and facilitate the process around wound care management. They also offer services associated with the main business. The company run their operations in Sweden with its headquarter in Halmstad.

“First of all, I would like to take this opportunity to give my gratitude for the continued support from our existing shareholders. With the capital injection from the rights issue, we are even more financially prepared to accelerate the development of technology and the wound care platform, according to plan, with the aim set on market introduction before the end of 2023. The listing on Spotlight Stock Market is an important milestone in Odinwell's growth journey. We look forward towards continuous communication with our shareholders and the market in general, and take part of the opportunities that come with operating as a listed company. Now, the focus is on accelerating ongoing development work, further strengthening the organization, and bringing us closer to a market-ready wound care platform that we believe has the potential to contribute towards a paradigm shift in wound care.” says Klas Arildsson, CEO, Odinwell.

In connection with the listing, Odinwell carried out a new share issue, which was subscribed to approximately 122 percent of the offer.

“Odinwell is a spin-off from Redsense Medical which, among other things, through its listing on Spotlight has made a fantastic journey. Getting the confidence to help a company within the same family again shows that they believe in us as much as we believe in them. We warmly welcome them to Spotlight.” says Carl-Henrik Nordberg, Head of Listing, Spotlight.

Press contact

Jenny Sondal, CMO Spotlight

+46 70 7749303, js@spotlightstockmarket.com

ABOUT SPOTLIGHT

Spotlight is the marketplace where investors and growth companies meet. At Spotlight it is easier and safer for companies to be listed. We offer an overall solution that increase the visibility for our companies through unique media collaborations. Investors get through Spotlight the opportunity to become shareholders in approximately 160 growth companies from different businesses and countries, among those are Freetrailer, Bahnhof and Synthetic MR.

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