Inspiration Healthcare Launches £2.5M Capital Raise

Inspiration Healthcare (GB:IHC) has released an update.

Inspiration Healthcare Group PLC has announced a fundraising initiative to raise £2.5 million through new share offerings, aimed at reducing net debt and increasing liquidity. The capital raise includes a significant placement of shares at a discounted price, a direct subscription by directors and senior management, and a retail offer to UK investors. The move follows an anticipated but delayed £3.5 million export order and recent covenant waivers from lender HSBC.

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