Lifesafe Holdings Plc (GB:LIFS) has released an update.
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LifeSafe Holdings Plc has announced a retail offer to raise £0.3 million by issuing new ordinary shares at a significant discount, aimed at rewarding its UK-based retail shareholders for their ongoing support. The offer, part of a larger fundraising strategy that includes a Placing and Subscription, is set at an issue price of 10 pence per share, representing a substantial discount from the current market price. The funds raised are earmarked for use in the same manner as the wider fundraising efforts, with the retail offer set to close by 21 May 2024.
For further insights into GB:LIFS stock, check out TipRanks’ Stock Analysis page.
