Airway Medix obtained additional financing to settle its liabilities
Airway Medix received PLN 800,000 from the sale of shares by Adiuvo Investments and pays the first instalment of EUR 250,000 to Discount Bank. The new investors CoOpera and Kröner Medizintechnik support the settlement of the company's liabilities.
Warsaw, November 24, 2023: Airway Medix obtained financing to settle liabilities arising from the agreement on debt reduction and deferral of repayment of liabilities to Discount Bank. Funds in the amount of PLN 800,000 obtained from Adiuvo Investments from the sale of shares will be used to settle the first instalment of EUR 250,000.
The agreement with new investors, such as CoOpera Finanzierungen Deutschland and Kröner Medizintechnik, includes debt reduction, as well as production and commercialization plans in the EU and the USA. Peter Kröner joins the Management Board and brings experience in the distribution of medical equipment.
Airway Medix, after recapitalization, debt reduction and changes in management, is now focusing on business development, with broad plans for the future.
About Airway Medix S.A.: Airway Medix S.A. focuses on the research, development and commercialization of innovative single-use devices for mechanically ventilated patients in Intensive Care Units (ICUs), as well as life-threatening patients and anesthesiology departments. The products offered by Airway Medix address the most pressing clinical needs and fill a gap in current medical devices. Airway Medix S.A. has been listed on the Warsaw Stock Exchange since 2014.
Press releases are published as issued by Airway Medix S.A. Product statements follow the instructions for use.
