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PolarCool AB

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PolarCool AB

24 Sep - 8 Oct 2020Rights issue

PolarCool AB är ett medicintekniskt bolag som utvecklar produkter tänkta för användning i direkt anslutning till skador mot huvudet, så som hjärnskakningar och upprepade huvudkollisioner. Bolagets vision är att kontrollerad kylning av huvudskador inom idrott- och fritidsverksamhet ska bli en standardbehandling för att begränsa hjärnskador inom olika former av kontakt- och kampidrotter.

PolarCool AB is a medtech company developing product for use in direct connection with injuries to the head, such as concussions and repeated collisions against the head. The vision of the company is that controlled cooling of head injuries within sport- and leisure should be a standard treatment to minimize brain injuries within different kinds of contact- and martial arts.

Millions of athletes are affected of concussions or repeated violence against the head each year. The ones affected risk their future carreer within sport, long abscence, problems such as headaches, sensitivity to sound and light, nausea, and sometimes chronic ailments. Long rehabilitation is often needed before an affected athlete can continue fully with the activity. Repeated concussions could even lead to serious consequences such as higher risk of getting Alzheimers disease and CTE (Chronic Traumatic Encephalopathy), which the company aims to reduce the risk of with their CE-certified product PolarCap® System, developed to be used in direct connection to the occasion of the injury.

Read more on the company's website


The offer in summary

Subscription period: 24 September - 8 October 2020

Subscription price: 3,00 SEK per share

Marketplace: Spotlight Stock Market

Share capital increase: Approximately 10,7 MSEK

Documents

  Memorandum Teaser

Disclaimer

Due to restrictions in applicable law in the United States, Canada, Australia, Hong Kong, Singapore, South Africa, Switzerland, New Zealand, Japan, Russia, Belarus or other countries where participation requires further prospectuses, registrations or actions other than those under Swedish law, the offer to subscribe for securities in this offer is not directed at persons or others with registered address in any of these countries.