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Live News EQUITY ARTICLE M impact

Arecor Therapeutics proposes placing shares at 68p to raise up to £5.13 million

Arecor Therapeutics PLC proposed placing up to 7,352,941 shares at 68 pence to raise up to £5 million, with net proceeds aimed at strengthening its balance sheet and extending its cash runway to December 2027.

AREC.L

50 Million For Fy26 Arecor Therapeutics Plc: Group's Existing Cash Resources, Before Any Net Proceeds, To Fund Company Through To April 2027 Source text:... com;)