Polarean Imaging (GB:POLX) has released an update.
Polarean Imaging PLC, a leader in advanced MRI technology for lung function, has successfully passed all resolutions at its recent General Meeting, enabling the issuance of nearly 991 million new shares at £0.01 each to raise about $12.6 million. The company saw strong interest with an 18.1% oversubscription for its Open Offer Shares, and post-admission on June 18, 2024, the total issued ordinary share capital will increase to over 1.2 billion shares. This capital boost aims to further Polarean’s mission to provide modern, non-invasive solutions for chronic respiratory disease affecting over 500 million patients globally.
For further insights into GB:POLX stock, check out TipRanks’ Stock Analysis page.
