Applied Graphene Materials (AGM) has raised c £6.0m (gross) through a placing, subscription and PrimaryBid offer at 41p/share. Management estimates that the funds raised extend the company’s cash runway from October 2021 well into calendar 2023, enabling it to convert the current opportunity pipeline into meaningful annual revenues during the period.
28 Jan 2021
Applied Graphene Materials - Cash runway extended well into calendar 2023
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Applied Graphene Materials - Cash runway extended well into calendar 2023
- Published:
28 Jan 2021 -
Author:
Anne Margaret Crow -
Pages:
2
Applied Graphene Materials (AGM) has raised c £6.0m (gross) through a placing, subscription and PrimaryBid offer at 41p/share. Management estimates that the funds raised extend the company’s cash runway from October 2021 well into calendar 2023, enabling it to convert the current opportunity pipeline into meaningful annual revenues during the period.