Brief: 4Basebio Proposes Capital Raise Of New Ordinary Shares To Raise Not Less Than £15 Million
15/10/2026 07:38
BRIEF-4Basebio Proposes Capital Raise Of New Ordinary Shares To Raise Not Less Than £15 Million Oct 15 (Reuters) - 4Basebio PLC 4BB.L:
4BASEBIO PLC: PROPOSED CAPITAL RAISE OF NEW ORDINARY SHARES TO RAISE NOT LESS THAN £15 MILLION
4BASEBIO PLC: CO IS PROPOSING TO RAISE UP TO AN ADDITIONAL £0.5 MILLION (BEFORE EXPENSES) BY WAY OF RETAIL OFFER
4BASEBIO PLC: FOLLOWING COMPLETION OF CAPITAL RAISE, CO WILL HAVE CASH RUNWAY TO H2 2028
4BASEBIO PLC: PROPOSED CAPITAL RAISE WILL BE USED TO SUPPORT COMMERCIAL DEVELOPMENT, CONTINUE OPERATIONAL PROGRESS, ENHANCE RESEARCH AND DEVELOPMENT EFFORTS
Source text: ID:nPRrF3749a
Further company coverage: 4BB.L