Brief: Navamedic: Amendments To Loan Agreements With Observe Medical

Observe Medical ASA

15/11/2024 12:26

Nov 15 (Reuters) - Navamedic ASA  NAVA.OL :
    * AMENDMENTS TO LOAN AGREEMENTS WITH OBSERVE MEDICAL ASA
    * OBSERVE MEDICAL HAS CONTACTED NAVAMEDIC WITH A REQUEST TO
POSTPONE MATURITY DATE OF LOANS
    * HAS AGREED TO CONVERT NOK 16,354,815.20 OF LOAN 1 INTO
SHARES IN
OBSERVE MEDICAL AT SUBSCRIPTION PRICE OF NOK 0.40 PER SHARE
    * 40,887,038 NEW SHARES WILL BE ISSUED TO NAVAMEDIC UPON
COMPLETION OF CONVERSION

Source text:  ID:nWkrh5CrY 
Further company coverage:  NAVA.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))