tiprankstipranks
Biome Technologies Urges Support for Vital Fundraise
Company Announcements

Biome Technologies Urges Support for Vital Fundraise

Biome Technologies (GB:BIOM) has released an update.

Don't Miss our Black Friday Offers:

Biome Technologies PLC is undergoing a critical re-financing to ensure the company’s continued operation, offering a mix of new ordinary shares, conversion of loan notes, and related retail offers to raise over £1 million for working capital. Shareholders are urged to support the proposed resolutions in an upcoming General Meeting to avoid potential voluntary liquidation, which could result in substantial losses. The fundraise includes significant participation from company Directors and is considered fair by an independent Director after consultation with the nominated adviser.

For further insights into GB:BIOM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBiome Technologies Faces Revenue Decline, Eyes 2025 Recovery
TipRanks UK Auto-Generated NewsdeskBiome Technologies Appoints New Non-Executive Director
TipRanks UK Auto-Generated NewsdeskBiome Technologies Reports Share Capital and Voting Rights
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App