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Verici Dx Plc ( (GB:VRCI) ) has provided an announcement.
Verici Dx Plc announced the successful completion of its WRAP Retail Offer, raising approximately £0.43 million at an issue price of 0.5 pence per share. This fundraising, combined with previous placements and subscriptions, has generated total gross proceeds of approximately £6.35 million, extending the company’s cash runway into the second half of 2026. The new shares are expected to be admitted to trading on AIM by 30 July 2025, increasing the company’s total ordinary share capital to over 1.5 billion shares. This financial boost is likely to enhance Verici Dx’s operational capabilities and strengthen its position in the clinical diagnostics market.
Spark’s Take on GB:VRCI Stock
According to Spark, TipRanks’ AI Analyst, GB:VRCI is a Neutral.
Verici Dx Plc’s overall score reflects its financial challenges and weak technical indicators, coupled with a negative valuation outlook. However, its strategic fundraising efforts and investor support provide some positive future growth potential in the organ transplant diagnostics market.
To see Spark’s full report on GB:VRCI stock, click here.
More about Verici Dx Plc
Verici Dx Plc operates in the healthcare industry, focusing on the development of advanced clinical diagnostics for organ transplants. The company is listed on the AIM market under the ticker VRCI.
Average Trading Volume: 478,183
Technical Sentiment Signal: Sell
Current Market Cap: £8.55M
Learn more about VRCI stock on TipRanks’ Stock Analysis page.