Creo Medical (GB:CREO) has released an update.
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Creo Medical Group PLC successfully raised £12 million through a share placement at 24 pence per share to fund the continued development of its technology and for strategic divestment purposes. This financial boost aims to propel the company towards profitability while adhering to its med-tech growth strategy. Strong support from existing shareholders was noted, with significant participation from company directors in the placement.
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