Posts tagged: Avacta Group

Betaville Intelligence

RARE ALERT: Avacta Group said to be working on £7 million equity fundraising

Friday, 18 October 2019, 8:48 am

Avacta Group, the Aim-listed biotechnology company, is close to announcing a multi-million pound equity fundraising.

Sources familiar with the matter said Avacta is tapping up investors for up to £7 million, possibly via a placing.

It's believed Avacta is looking to raise the new capital at around 15p a share, said sources familiar with the matter...