Belluscura PLC (GB:BELL) has released an update.
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Belluscura PLC, a medical device developer, has successfully passed resolutions in a General Meeting to raise £1.92 million through a Loan Note Placing and Share Subscriptions. Shareholders approved the allotment of shares and the disapplication of pre-emption rights with nearly unanimous support. The funds will bolster working capital, aiding in the sales growth of their portable oxygen concentrators, X-PLOR® and DISCOV-R™.
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