At a Poolbeg general meeting (GM) held on 23 June 2025, shareholders overwhelmingly approved resolutions related to the oversubscribed placing, subscription and retail offer of new ordinary shares to raise cumulative gross proceeds of £4.865m. With the equity financing secured, we believe any potential investor concerns surrounding capital requirements have been alleviated in the medium term with Poolbeg’s cash runway now extended into 2027. The strengthened balance sheet means that management c ....

25 Jun 2025
Poolbeg Pharma - £4.9m gross proceeds secured, potential catalysts ahead

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Poolbeg Pharma - £4.9m gross proceeds secured, potential catalysts ahead
Poolbeg Pharma PLC (POLB:LON) | 3.3 0 3.1% | Mkt Cap: 23.0m
- Published:
25 Jun 2025 -
Author:
Chris Donnellan | Adam McCarter -
Pages:
6 -
At a Poolbeg general meeting (GM) held on 23 June 2025, shareholders overwhelmingly approved resolutions related to the oversubscribed placing, subscription and retail offer of new ordinary shares to raise cumulative gross proceeds of £4.865m. With the equity financing secured, we believe any potential investor concerns surrounding capital requirements have been alleviated in the medium term with Poolbeg’s cash runway now extended into 2027. The strengthened balance sheet means that management c ....