BSF Enterprise (LSE:BSFA) has topped up its coffers, on the back of recent share price strength, with a placing of 25 million new shares priced at 2p each, raising £500,000 before expenses.
The lab-based tissue grower, in an announcement, said the proceeds will be used to reinforce its strategic business and growth plans and support the possibility of significant growth in shareholder value throughout 2026.
It comes as the company's lab-based leather business is progressing efforts to market and sell at auction a luxury "T-Rex" leather handbag.