Ilika boosts battery plans with new fundraise - ICYMI

  • Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive about the company's planned fundraise of up to £3.5 million, including a £500,000 retail offer, to support its key battery technologies—Stereax and Goliath. Purdy explained that £1.1 million of the proceeds would back the final phase of tech transfer and commercialisation efforts for Stereax, which is being licensed to Cirtec Medical.