Clearbridge Health raises $1.98m from 990 million placement shares
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Clearbridge Health Limited raised $1.98 million through the placement of 990 million new ordinary shares at $0.002 each. The funds will be used for working capital, immediate business needs, and to maintain competitiveness. Following the placement, the total issued shares increased from 3.305 billion to 4.295 billion. The placement attracted interest from notable investors, including Asdew Acquisitions and Azure Capital. Additionally, some funds will support the creation of adult immune cellular banking and the proposed acquisition of Elpis Biopharmaceuticals.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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