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Crism Therapeutics Raises GBP1 Million via Share Placing, Launches Retail Offer

MT Newswires·12/10/2025 03:53:48
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03:53 AM EST, 12/10/2025 (MT Newswires) -- Crism Therapeutics (CRTX.L) said Wednesday it raised 1 million pounds sterling through an oversubscribed share placing. The drug delivery company issued 11,111,112 shares at 0.09 pound apiece. Additionally, it plans to raise 100,000 pounds via a retail offer that starts on Wednesday and ends on Dec. 15. Proceeds from both fundraisers were earmarked for the phase 2 clinical trial for the use of irinotecan-ChemoSeed in surgically resectable glioblastoma patients. Admission of the placing shares on the AIM segment of the London bourse is expected on Dec. 15, while the retail shares will be admitted on Dec. 16.