LONDON (Alliance News) - Coms PLC Monday said it had raised about GBP240,000 after certain warrnt holders exercised their rights to subscribe to just under 6.6 million shares at 3.7 pence each.
It said it would use the funds to help accelerate growth organically and through acquisitions.
The company's shares were up 2.3% at 3.71 pence Monday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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