KBC Securities - ONWARD MEDICAL NV (ONWD) Onward Medical Launches capital increase for indicative amount of € c.40m

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KBC Securities

Thomas Vranken

Onward Medical Launches capital increase for indicative amount of € c.40m

Onward launches a capital increase for an indicative amount of € c.40m, including a € 22.5m cornerstone investment from Ottobock, a global player in the fields of prosthetics, orthotics and exoskeleton technology. Euronext halts trading during the bookbuilding period to allow broader investor participation. Due to the transaction, we temporarily suspend coverage.

23/10/2024 1 EN

Underlying

ONWARD MEDICAL NV

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NL0015000HT4 Euronext Brussels Netherlands

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Thomas Vranken

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Morning Notes : GREEN BB, SEQUA BB, UCB BB, AZE BB, ONWD BB

: GREEN BB, SEQUA BB, UCB BB, AZE BB, ONWD BB

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Onward Medical Launches capital increase for indicative amount of € c.40m

We are a financial services provider for several types of professional clients, each with distinct needs.

Onward Medical FIRST LOOK: Grant to assess ARC-BCI in stroke patients

Morning Notes : GREEN BB, SEQUA BB, UCB BB, AZE BB, ONWD BB

ONWARD Medical Awarded Grant to Study Potential for ARC-BCI Therapy to Restore Movement after Stroke

Bekaert Feedback conference call

Inventiva FIRST LOOK: 3Q24 update holds no surprises, NATiV3 timelines reiterated

Ackermans & van Haaren 3Q FY24: Major Participations Continue To Post Robust Results

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