15th Jan 2024 18:18
Microsaic Systems PLC - Surrey-based developer of real-time mass spectrometers - Raises GBP2.1 million via placing of 169.0 million new shares with new and existing investors at a price of 1.25 pence each. Says this will be used to satisfy consideration for the acquisition of Modern Water assets from DeepVerge PLC and Innovenn PLC for up to GBP100,000, as announced on Friday last week, and subsequent recommencement of operations and their integration; alongside for general working capital and additional growth funding for the enlarged Microsaic business following the acquisition. Read More