Observe_Medical_ASA_Agreement_reached_with_Convatec_to_defer_payments_by_12_months
Beskrivning
| Land | Norge |
|---|---|
| Lista | OAX Equities |
| Sektor | Hälsovård |
| Industri | Medicinteknik |
2024-11-19 12:15:00
Oslo, 19 November, 2024 - Reference is made to the stock exchange announcement
published by Observe Medical ASA (the "Company" or "Observe Medical") on 12
November 2024, in which it inter alia was stated that the Company is in dialogue
with strategic and financial partners to evaluate options to further strengthen
its working capital situation.
The Company has today, through its subsidiary Observe Medical AS, reached an
agreement with Convatec/Unomedical to defer all outstanding payments of
consideration pursuant to the asset transfer agreement with Convatec/Unomedical
for the acquisition of the UnoMeter T portfolio, totaling USD 3,895,000, by 12
months. The remaining consideration will be payable as follows:
· USD 500,000 shall be paid on 28 June 2025