Directa Plus announces plan to raise over $9 Million

Directa Plus has announced plans to raise £7 million (around USD$9,445,000) in a share placing to help accelerate the development of its graphene-based products.

Directa Plus has made consistent progress towards its goal of commercializing its graphene products and processes with a high quality, growing roster of customers, said Sir Peter Middleton, Directa Plus non-executive chairman. The fundraising will enable the company to accelerate that progress by providing funds for investment in what the board considers to be exciting opportunities".

In a statement, the company said that it is pleased with the level of indicative support for the equity raise though, as is customary, it noted that there can be no certainty at this time that the placing will be successful.

Posted: Dec 10,2021 by Roni Peleg