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Genflow Biosciences raised £340,000 by issuing 40 million shares to its CEO, with proceeds funding preclinical research.
Genflow Biosciences announced on October 2, 2025, it raised £340,000 by issuing 40 million new shares at 0.85 pence each to CEO Eric Leire under a prospectus exemption.
The shares were immediately resold to a third-party purchaser, who received 24-month warrants at 1.2 pence per share.
The new shares are set for admission to the London Stock Exchange’s main market on October 9, increasing the company’s issued share count to 493,547,942.
Proceeds will fund ongoing preclinical research, including a dog study on its lead therapy GF-1002 and planned trials for metabolic dysfunction-associated steatohepatitis.
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Genflow Biosciences recaudó £ 340,000 mediante la emisión de 40 millones de acciones a su CEO, con las ganancias financiando la investigación preclínica.