Science In Sport (GB:SIS) has released an update.
Science in Sport plc, a premium performance nutrition company, is set to raise approximately £8.0 million through a placing of new ordinary shares, with Directors participating to the tune of £1,025,000. The capital raised will be used to invest in inventory, improve operational efficiency, aid market entry, and increase liquidity. Additionally, a retail offer aims to raise up to £0.5 million, allowing existing retail shareholders to participate in the company’s growth.
For further insights into GB:SIS stock, check out TipRanks’ Stock Analysis page.
