Arecor Therapeutics PLC (GB:AREC) has released an update.
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Arecor Therapeutics PLC, a biopharmaceutical company, is seeking to raise £1 million through a retail offer open to UK investors, alongside a larger fundraising goal of £6 million via additional share placements. The offer, priced at 90 pence per share, is part of a broader strategy to strengthen the company’s balance sheet and provide working capital. Investors are cautioned to consider the risks, as investments can fluctuate in value.
For further insights into GB:AREC stock, check out TipRanks’ Stock Analysis page.
