1st Jun 2023 10:56
Belluscura PLC - Medical device developer focused on lightweight and portable oxygen enrichment technology - Raises GBP100,000 via the issue of 386,240 new shares at 25 pence per share in a retail offer to existing investors. Says the fundraising is in addition to GBP3.0 million raised it its placing and subscriptions. Says the proceeds of the fundraising will be used to finalise the development of its DISCOV-R oxygen concentrator and the pre-market evaluation and launch of the product.
Current stock price: 25.00 pence each, down 5.7% on Thursday morning in London
12-month change: down 72%
By Harvey Dorset, Alliance News reporter
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