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. | |
---|---|---|
-7.56% | 65.22B | |
+3.12% | 60.05B | |
+19.20% | 37.66B | |
+12.27% | 30.98B | |
+15.20% | 30.56B | |
+19.36% | 20.23B | |
+8.80% | 19.72B | |
+76.57% | 17.88B | |
+27.59% | 16.18B |