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Tekcapital investee achieves USD750,000 crowdfunding target

Tue, 04th Jan 2022 17:23

(Alliance News) - Tekcapital PLC, intellectual-property investor focused on university technology, announced on Tuesday its portfolio company Salarius Ltd's US subsidiary MicroSalt Inc has completed an oversubscribed Reg CF crowdfunding round. Microsalt achieved its goal of USD750,000.

London-based Tekcapital owns 97% of Salarius, a developed and manufacturer of a proprietary low-sodium salt, and 76% capital share of its US subsidiary Microsalt.

Tekcapital's share price closed up 2.9% to 31.90 pence each on Tuesday in London.

By Elizabeth Winter; elizabethwinter@alliancenews.com

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