Brief: Spineguard Estimates That It Can Fund Its Needs Throughout 2023

Spineguard SA

23/09/2021 15:11

Sept 23 (Reuters) - Spineguard SA  ALSGD.PA :
    * CASH POSITION AS OF AUGUST 31, 2021 OF EUR 6.2 M PLUS
SECURED
EQUITY LINE FACILITY FOR EUR 5.0 M MEANS THAT TOTAL CASH
AVAILABLE TO COMPANY IS EUR 11.2 M
    * CONSIDERING CURRENT CASH POSITION, SECURED CONVERTIBLE
BOND
FACILITY AND RECURRING EXPECTED BUSINESS, COMPANY ESTIMATES THAT
IT CAN FUND ITS NEEDS THROUGHOUT 2023
    * FOR 2021 SPINEGUARD FOCUSES ON: BOOST COMMERCIAL
ACTIVITIES WITH
LAUNCH OF DSG-CONNECT VISUAL INTERFACE
    * FOR 2021 SPINEGUARD FOCUSES ON:  ACCELERATE IMPLEMENTATION
OF
DSG DIGITAL TECHNOLOGY IN ORTHO-ROBOTICS THROUGH DEPLOYMENT OF
AI ALGORITHMS, NEW SCIENTIFIC EVIDENCE, AND ADDITIONAL PATENTS
    * FOR 2021 SPINEGUARD FOCUSES ON: INTENSIFY COLLABORATION
WITH
CONFIDENT ABC FOR DENTAL APPLICATION AND CO-DEVELOP A NEW
GENERATION OF PRODUCTS EMBEDDING DSG TECHNOLOGY
    * FOR 2021 SPINEGUARD FOCUSES ON: AFFIRM COMPANY'S
TECHNOLOGICAL
SHIFT AND SIGN STRATEGIC PARTNERSHIPS, IN PARTICULAR FOR USE OF
DSG TECHNOLOGY IN ROBOTIC FIELD

Source text for Eikon:  ID:nNDLbt94Cg 
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