Brain+ A/S: Invitation to Investor Webinar to update on sales outlook, restructuring and secured funding
Copenhagen, Denmark, 30 January 2025 - Brain+ A/S (Nasdaq First North: BRAINP)
Brain+ A/S ("Brain+ or "the Company") is inviting its shareholders, other investors and stakeholders to a webinar, which will take place on Monday, 3 Februry 2025 at 15:30 CEST / 14:30 UK time. At the webinar, members of the management team will provide an update on the UK near-term sales outlook and give details on the recently announced operational restructuring of the Company and the intended 50% secured Unit Rights Issue.
Brain+ is inviting its shareholders, other investors and stakeholders to a webinar, which will take place via the Stokk.io platform on
Monday, 3 February 2025 at 15:30 CEST / 14:30 UK time.
The webinar will be focused on the following:
- An update on the progress of UK commercial activities, including a status on the near-term sales outlook and the value of current customer leads across the two targeted dementia care market segments: UK private care and nursery homes and public memory service units under the NHS.
- Details on the recently announced restructuring of Brain+' activities, which will reduce operational expenditures by 35% with full effect from July 2025 and advance projected operational cash-flow break-even by 6 months to mid-2026.
- The background and prospects for the announced Unit Rights Issue, which is 50% secured and intended to be carried out in March 2025. The Rights Issue has the potential to raise sufficient new capital to fund Brain+' activities past operational break-even.
The webinar will be hosted by CEO Kim Baden-Kristensen, Chief Commercial Officer Devika Wood, SVP of Partnerships Fiona Costello and CFO Hanne Vissing Leth.
Interested participants can sign up and ask questions in advance via the following link:
Brain+ Restructuring, Rights Issue, and UK sales outlook | Stokk.io
The webinar can also be accessed via the event calendar page under the Investor section of Brain+' website: Event Calendar - Brain+.
A replay of the webinar will be available on Stokk.io and on the Brain+' website following the event.
Contact Information
CEO and Co-founder, Kim Baden-Kristensen: + 45 31 39 33 17, kim@brain-plus.com
CFO, Hanne Vissing Leth: +45 53 88 99 02, hanne@brain-plus.com
Brain+ vision: Building the world's first scalable dementia care platform to help people affected by dementia, live better lives