4basebio Plans Retail Share Offering to Raise Up to £500,000
Bitget2026/10/15 15:01- 4basebio plans to raise up to £500,000 through a retail offer of up to 97,087 new ordinary shares at 515 pence each.
- The issue price represents an approximately 8.4% discount to the previous closing price of 562.5 pence.
- A placing and subscription conditionally raised £15 million, taking potential gross proceeds from the capital raise to £15.5 million.
- Proceeds will fund commercial development, facility completion and research, extending the cash runway to the second half of 2028.
- The retail offer closes at noon London time on October 21, 2026; trading in the shares is expected on November 10, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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