STENOCARE - Final deadline for Subscription to New Shares at DKK 0.50 Each
STENOCARE A/S
NASDAQ FIRST NORTH GROWTH MARKET, DENMARK
TICKER: STENO
STENOCARE A/S ("Stenocare" or the "Company") has final deadline today for investors to subscribe for new shares at a discounted price of DKK 0.50 each. The final deadline for this time limited offer is January 20, 2025 at 5:00 PM Copenhagen time, and investors should decide if they like to subscribe using the online subscription form or use any subscription rights they own.
Stenocare has announced a time limited offer to subscribe for new shares in the Company at a discounted price of DKK 0.50 per share. The Company is seeking to raise between DKK 9.1 million and DKK 20.2 million to execute the STENOCARE 3.0 strategy.
Investors and shareholders have two options to consider before January 20, 2025, at 5:00 PM Copenhagen time:
- New investors and shareholders should use the online subscription form in their bank or use the official subscription form to instruct their bank to subscribe for the offer. Complete the form and send it to the bank. Please notice some bank might have a shorter deadline.
- Owners of subscription rights need to decide if they like to use these rights for subscribing (ie. Purchasing) the new shares at the discounted price of DKK 0,50 per share. To do this, the investor needs to instruct their bank to use the subscription rights before the deadline. Please notice some bank might have a shorter deadline. The subscription rights not used for subscription of new shares will be void.
All the details are available on the investor homepage: https://stenocare.com/share-issue-2025/
To read the official announcement of the conditional rights issue: https://stenocare.com/investor-relations/announcements/3B051C92836EB553/
Who are Stenocare?
Stenocare is a Danish company that has specialised in trading with prescription-based medical cannabis products. The Company has sales activities in 6 different countries with medical cannabis products approved for sales by the local medicine agencies. Stenocare has just launched a new and innovative product, called ASTRUM 10-10, that has the potential to revolutionise the medical cannabis industry. This new patented product has been approved for sales in Germany, Australia and Norway.