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. | |
---|---|---|
+1.67% | 71.03B | |
-7.25% | 53.83B | |
+25.80% | 39.74B | |
+13.93% | 31.57B | |
+4.72% | 27.28B | |
+17.96% | 21.32B | |
+76.52% | 17.87B | |
+32.47% | 17.66B | |
+14.98% | 15.39B |