Science In Sport (GB:SIS) has released an update.
Science in Sport plc has successfully concluded an equity fundraising event, securing approximately £8.5 million through the issuance of nearly 50 million new shares. The raised capital will be utilized for inventory investment, operational efficiency improvements, and market strategy development in key areas to enhance company margins. The firm’s executive chair, Daniel Wright, expressed gratitude towards investors and confidence in the company’s growth potential and strategic direction.
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