Placing coming?1 Apr 2022 08:26
Cash and cash equivalents of GBP15.5 million as of 31 December 2021 (So now it could be less then £10 million)
Loss and total comprehensive income for the full year 2021 was GBP54.7 million! WOW!!
senior secured credit facility for up to $30 million with Oxford Finance LLC, including the initial drawdown of the first tranche for $12.5 million, with the remaining $7.5 million and $10 million tranches dependent on the achievement of certain milestones.
We don’t have enough cash! Maybe 6 months and so will they wait until the last minute or do a massive placing in next 3 months.