Bioretec Ltd Announced a Capital Increase via Rights Issue of EUR 9.2 Million

Bioretec Ltd Pursues Growth with EUR 9.2 Million Rights Issue



On May 28, 2025, Bioretec Ltd, a Finnish innovator in biodegradable orthopedic implants, revealed its decision to conduct a rights issue that aims to raise approximately EUR 9.2 million. This vital step is anticipated to strengthen the company’s capital structure, facilitating the rollout of their RemeOs™ product line—pioneering solutions endowed with unique biodegradable properties to promote better healing in orthopedic procedures.

The Offering Details



The rights issue will present shareholders with up to 6,156,618 new shares to subscribe, available at a subscription price of EUR 1.50 per share. This initiative is fully guaranteed by Stephen Industries Inc Oy, Bioretec's largest stakeholder, ensuring that the offering will proceed regardless of the subscription turnout. The principal goal behind this fundraising effort is to bolster commercial activities related to RemeOs™, expanding marketing operations and distribution networks in key markets, and ultimately improving capital for operational scaling and product development.

The company needs approximately EUR 18 million total external funding to achieve positive cash flow by the end of 2027—a challenge they've already begun addressing by raising an initial amount of EUR 6 million in a directed share issue last year. The capital from this rights issue is projected to extend Bioretec's financial runway into late 2026, allowing them to focus on their operational objectives.

Key Dates for Shareholders



Shareholders of record as of June 2, 2025, will be allocated subscription rights based on their current holdings, allowing them to maintain their proportional ownership in the firm. On June 5, trading for both subscription rights and interim shares will commence. The significant dates in this rights issue include:

  • - May 30, 2025: Trading of existing shares without subscription rights begins.
  • - June 2, 2025: Record date for the rights issue.
  • - June 5, 2025: Subscription period begins.
  • - June 19, 2025: Subscription period ends.

Any unallocated new shares can be accessed by existing shareholders or other investors through a secondary subscription pathway, a compelling aspect that promotes widespread engagement with this offering.

Strategic Intent and Future Outlook



Sarah van Hellenberg Hubar-Fisher, the interim CEO of Bioretec, expressed her enthusiasm about the potential of RemeOs™ products, specifically the absorbable metal alloy properties aiding natural bone healing. With FDA approval already granted for their trauma screw, the path looks promising as Bioretec anticipates capturing significant market share in the over USD 9 billion orthopedic trauma and spine market.

Kustaa Poutiainen, Chair of the Board, echoed this sentiment, emphasizing the importance of this rights issue for Bioretec's growth trajectory and the company’s mission to establish itself as a notable global player in the medical device industry.

The firm’s commitment to advancing the RemeOs™ line—a novel approach that potentially surpasses traditional implants—is at the forefront of its strategy as they continue their push into international markets. This rights issue is not merely a financial maneuver; it is a cornerstone of Bioretec's ambitious endeavors to reshape the orthopedic landscape, providing patients with better healing solutions and, by extension, enhancing life quality.

In conclusion, as the deadline approaches, the coming weeks will be critical for Bioretec, marking a significant phase in its mission to provide innovative orthopedic solutions while navigating the financial landscape with strategic foresight.

Topics Health)

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