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Belluscura PLC ( (GB:BELL) ) has shared an update.
Belluscura PLC has announced a WRAP Retail Offer to raise up to £0.5 million, which will be conducted alongside a larger Placing to raise approximately £4.0 million. The proceeds from this offer will be used for general working capital and to strengthen the company’s balance sheet. The offer is conditional on shareholder approval and admission to AIM trading, with the aim to engage existing retail shareholders in the UK.
More about Belluscura PLC
Belluscura PLC is a UK-based medical device company that specializes in developing oxygen enrichment technology for various industries and therapies.
YTD Price Performance: -29.73%
Average Trading Volume: 149,443
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.95M
Learn more about BELL stock on TipRanks’ Stock Analysis page.