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Gelion PLC Boosts Fundraising to £1.57 Million Amid Strong Demand
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Gelion PLC Boosts Fundraising to £1.57 Million Amid Strong Demand

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The latest announcement is out from Gelion PLC ( (GB:GELN) ).

Gelion PLC has successfully increased its fundraising efforts to approximately £1.57 million following heightened demand in its accelerated bookbuild process. The company has also initiated a Retail Offer to raise an additional £150,000, targeting UK shareholders, demonstrating strong market interest and potential growth in its battery innovation sector.

More about Gelion PLC

Gelion PLC is an Anglo-Australian company specializing in battery innovation, with a focus on developing advanced energy storage solutions.

YTD Price Performance: -28.13%

Average Trading Volume: 12,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £23.8M

For a thorough assessment of GELN stock, go to TipRanks’ Stock Analysis page.

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TipRanks UK Auto-Generated NewsdeskGelion PLC Launches Retail Offer to Raise £150,000
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