Brief: Observe Medical Secures New Funding

Observe Medical ASA

11/09/2023 14:20

Sept 11 (Reuters) - Observe Medical ASA  OBSRV.OL :
    * OBSERVE MEDICAL SECURES NEW FUNDING
    * HAS SECURED NEW LOANS WITH LARGEST SHAREHOLDERS TOTALING
NOK
7.25 MILLION
    * LOANS WILL BE USED TO FINANCE FIRST INSTALMENT UNDER ASSET
TRANSFER AGREEMENT WITH UNOMEDICAL AND RUNNING BUSINESS
    * TERMS OF LOANS ARE 12 MONTHS AND INTEREST HAS BEEN SET TO
20%
PER ANNUM

Source text for Eikon:  ID:nWkr1xCkXG 
Further company coverage:  OBSRV.OL 

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