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Polarean Imaging PLC - medical‑imaging technology company - Says it has raised GBP2.0 million through the open offer. As a result, a total of GBP27.0 million was raised through the placing, subscription and open offer, launched in mid-March.
"The net proceeds of the fundraise will allow us to prepare for commercialisation and launch post approval of our proprietary drug-device combination in the US, and we are very excited to pursue this next chapter in the company's journey," says Chief Executive Richard Hullihen.
Current stock price: 64.00 pence, down 1.5% on Tuesday
Year-to-date change: down 5.7%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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