Oxford BioDynamics Issues Shares to Preserve Cash
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Oxford BioDynamics Issues Shares to Preserve Cash

Oxford BioDynamics (GB:OBD) has released an update.

Oxford BioDynamics has issued over 2.28 million shares to its directors and senior staff as a part of their salaries, preserving cash resources amid its strategic goals. This move aligns with the company’s focus on leveraging its EpiSwitch® 3D genomics platform for precision diagnostics. The shares will soon be admitted to trading on AIM, increasing the total share capital to over 314 million.

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

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