The Board of Directors of Coala-Life Group AB (publ) ("Coala Life" or the "Company") has decided to file for bankruptcy. The application will be submitted to the Stockholm District Court today, Friday, March 22, 2024. The decision to file for bankruptcy is based on the fact that the Company's efforts to find a solution to…
The Board of Directors of Coala-Life Group AB ("Coala Life" or the "Company") has decided to further postpone the publication-date of the year-end report for 2023 to March 26, 2024 (previously communicated postponed date was March 8, 2024). This further postponement is caused by the additional work with consolidating the part of the group's receivables…
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The Board of Directors of Coala-Life Group AB ("Coala Life" or the "Company") has decided to postpone the publication of the year-end report for 2023 to March 8, 2024. The reason for the postponement is that the work to secure the Company's liquidity and financial situation has resulted in a delay in the completion of…
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Coala-Life Group AB ("Coala Life" or the "Company") today announces that the Company has secured liquidity through an agreement with parties that provided the Company with bridge financing in the rights issue carried out in January 2024 and service providers to the Company as well as existing shareholders through partial extension and conversion of outstanding…
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CoalaLife has signed an agreement with a prominent cardiology practice for RPM, PCM and billing services. The program was started upon signing and is expected to expand to over 2.000 patients during the first half of 2024. The practice will also utilize the Coala Heart Monitor as an unique addition to their standard diagnostic technologies. “Our…
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On November 21, 2023, the Board of Directors of Coala-Life Group AB (publ) ("Coala Life" or the "Company") announced through a press release the terms and conditions of a rights issue of units consisting of new shares and warrants with preferential rights for the Company's existing shareholders of approximately SEK 75,4 million that was resolved…
KPI´s November 2023:– Patients in RPM as of November 30, 2023: 3,800– Annual revenue rate as of November 30, 2023: $3.7 million Explanations of KPI´sPatients in RPM as of November 30, 2023 – Number of patients that the company monitors in USA at the end of November.Annual revenue rate as of November 30, 2023 – Estimated recurring…