CEO purchases shares in Acarix

MFN Publicerad: 17 Mar 14:57

Acarix, a leader in AI-driven and acoustics-based cardiac diagnostics, has announced that its President and CEO, Aamir Mahmood, has increased his investment in the company.

On March 12, Mahmood acquired 1,200,000 shares at an average price of SEK 0.22, further strengthening his personal stake in Acarix. After the acquisition, the total number of shares held is 8,904,824 and 50,000,000 stock options.

"I am truly optimistic about Acarix’s future," stated Mahmood. "My investments in the company signify my strong belief in our strategy and our capacity to create long-term value for our shareholders."

About Acarix

Acarix is a Swedish medical device company that innovates solutions for rapid rule out of coronary artery disease (CAD) at point of care. The CE-approved and FDA DeNovo-cleared Acarix CADScor System is intended for patients experiencing chest pain with suspected CAD and designed to help reduce millions of unnecessary, invasive, and costly diagnostic procedures. The CADScor System has been used on more than 29,000 patients. Acarix recommends CADScor System as a first-line diagnostic aid that uses highly sensitive acoustics and advanced computational processing to analyze coronary blood flow to rule out significant coronary artery disease (CAD), with at least 96% certainty at point of care. Acarix is listed on the Nasdaq First North Premier Growth Market in Stockholm (ticker: ACARIX) and cross-traded on the OTCQB market in the US (ticker: ACIXF). Carnegie Investment Bank is the Certified Advisor of Acarix. For more information, please visit www.acarix.com

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