Brief: Polarean Imaging PLC Announces Proposed Placing, Subscription And Open Offer

Polarean Imaging

21/05/2024 17:17

May 21 (Reuters) - Polarean Imaging PLC  POLX.L :
    * POLAREAN IMAGING PLC  - PROPOSED PLACING, SUBSCRIPTION AND
OPEN
OFFER
    * POLAREAN IMAGING: TO RAISE US$10 MILLION (£7.9 MILLION)
GROSS
PROCEEDS BY MEANS OF PLACING TO INSTITUTIONAL, OTHER INVESTORS &
DIRECT SUBSCRIPTION WITH CO
    * POLAREAN IMAGING PLC: NET PROCEEDS OF FUNDRAISE, TOGETHER
WITH
CO'S EXISTING CASH RESOURCES, EXPECTED TO EXTEND CO'S CASH
RUNWAY INTO Q1 2026

Source text for Eikon:  ID:nRSU3466Pa 
Further company coverage:  POLX.L 

 ((Reuters.Briefs@thomsonreuters.com;))