11th Feb 2020 15:51
(Alliance News) - Healthcare investor NetScientific PLC said it will have one of its representatives on the board of its investee PDS Biotechnology Corp, should it participate in the New York-listed firm's proposed GBP9.3 million fundraise.
Net Scientific is considering investing GBP500,000 in the offering, it said.
Net Scientific added: "In connection with NetScientific's expression of interest to subscribe in its offering, upon consummation of the offering it will appoint a designee of NetScientific to its board of directors."
Shares in Net Scientific were untraded in London on Tuesday, last quoted at 4.25 pence each.
By Eric Cunha; [email protected]
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