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SpineGuard Launches EUR2 Million Capital Increase

MT Newswires·12/09/2025 06:51:28
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06:51 AM EST, 12/09/2025 (MT Newswires) -- SpineGuard (ALSGD.PA) on Tuesday launched a capital increase with an initial gross amount of 1.6 million euros, according to a same-day release. The digital surgical guidance technology provider is offering 14,274,392 new shares at 0.1120 euro apiece, and may be increased to 1.8 million euros if an extension clause is fully exercised. The global offering period will end on Thursday. SpineGuard said the proceeds are meant to support the development of its international distribution network and the deployment of its technology in new applications.