Pennant International Group plc (AIM:PEN) will look for acquisitions. Pennant International Group plc has completed a Follow-on Equity Offering in the amount of £1.811876 million. The net proceeds of the Fund raising amounting to GBP 1.8 million together with the proceeds of the exercise of the 690,000 share options amounting to approximately £331,525 will predominantly be used to fund the potential Acquisition and to facilitate further new product development.