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Belluscura PLC ( (GB:BELL) ) has issued an update.
Belluscura PLC announced the successful outcome of its oversubscribed WRAP Retail Offer, raising £675,000 to further support its growth plans. The total fundraising effort, including a previous placing, amounted to approximately £4.7 million. These funds will be used for purchasing product inventory, general working capital, and strengthening the company’s balance sheet, potentially enhancing its market position.
More about Belluscura PLC
Belluscura PLC is a leading developer in the medical device industry, focusing on lightweight and portable oxygen enrichment technology.
YTD Price Performance: -79.46%
Average Trading Volume: 340,763
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.2M
For detailed information about BELL stock, go to TipRanks’ Stock Analysis page.
