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Biotalys Completes Successful Share Placement

Biotalys Completes Successful Share Placement

Biotalys NV (DE:86C) has released an update.

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Biotalys NV successfully closed a private placement of over 5.3 million new shares, increasing its share capital by approximately 16.5%. The shares, which are now listed on Euronext Brussels, were offered at a 10% discount compared to the recent average trading price, reflecting investor confidence in Biotalys’ innovative biocontrol solutions for sustainable agriculture.

For further insights into DE:86C stock, check out TipRanks’ Stock Analysis page.

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