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Coronavirus impact: 15 May - more fund raises and a virtual reality music treat

15/05/2020 · boohoo.com plc (BOO)  · Dart Group (DTG)  · EKF Diagnostics Holdings (EKF)  · EVR Holdings PLC (EVRH) 

AIM Coronavirus UK

MelodyVR

Institutions are clearly not short of cash and seem happy to support proven winners, despite the challenging environment.


Boohoo: raises more firepower

Boohoo Group (LON:BOO) has raised £197.7m in new equity to ensure it is well prepared to take advantage of the acquisition opportunities which are bound to appear over the coming months.

Following the fundraise the group should have c.£500m in cash, giving it significant firepower to make some rapid acquisitions with several prospects already under consideration.

New money raised represents 5% of the existing share capital with the shares priced at 340p, a…

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