Abingdon Health PLC (GB:ABDX) has released an update.
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Abingdon Health PLC, a company previously backed by institutional investors since its 2020 IPO, has opened a retail offer to raise £500,000 by selling new ordinary shares at 9.75p each, mirroring the price of its recent Placing Shares. The offer, exclusively for the UK retail shareholders, aims to fund product development, expand laboratory services, and supplement working capital. Shares from this offer, expected to be admitted to the AIM market of the London Stock Exchange on August 30, 2024, will enjoy the same rights as the current ordinary shares.
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