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Share Price: 2.25

Bid: 2.00

Ask: 2.50

Change: -1.25 (-35.71%)

Spread: 0.50 (25.00%)

Open: 1.875

High: 2.25

Low: 1.75

Prev. Close: 3.50

Last checked at -

IN BRIEF: Genedrive draws down GBP600,000 on prepayment facility

Tue, 02nd Jan 2024 10:57

Genedrive PLC - Manchester, England-based molecular diagnostics company - Draws down GBP600,000 on its GBP5 million equity prepayment facility. In March last year, Genedrive agreed the GBP5 million equity prepayment facility with Riverfort Global Opportunities PCC Ltd. At the time it said that proceeds would be used towards the commercialisation of the antibiotic-induced hearing loss test, Genedrive MT-RNR1 ID Kit, and enhancing the Genedrive platform as well as providing additional working capital.

Current stock price: 8.20 pence

12-month change: down 33%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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Genedrive Share News (GDR)

Share Price Information for Genedrive (GDR)

IN BRIEF: Genedrive draws down GBP600,000 on prepayment facility

Genedrive shares soar as files for UK approval of Covid testing kit

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