BiON plc (AIM:BION) will look for acquisitions. The proceeds of the Placing will be used to settle outstanding creditors of the Company and the remainder, about £600,000 will be used to enable the Directors to search for acquisition opportunities, which if successful would constitute a reverse takeover under the AIM Rules for Companies and fund the Company's general working capital.
1st Jan change | Capi. | |
---|---|---|
+0.84% | 71.93B | |
-2.29% | 56.96B | |
+22.22% | 38.62B | |
+17.67% | 32.63B | |
+11.45% | 29.24B | |
+18.49% | 21.54B | |
+10.93% | 18.87B | |
+74.39% | 17.65B | |
+39.37% | 17.87B |