Nuformix Plc (GB:NFX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Nuformix plc, a pharmaceutical company focused on fibrosis and oncology, has announced a fundraise of £300,000 through the issuance of 600 million new shares at a discount. The proceeds will primarily advance their NXP002 program for treating fibrotic lung diseases, alongside general corporate funding. The fundraising is conditional upon regulatory approvals and shareholder consent, with a planned capital reorganisation to accommodate the new shares’ issue price.
For further insights into GB:NFX stock, check out TipRanks’ Stock Analysis page.
