Advanced Oncotherapy plc

Equities

AVO

GB00BD6SX109

Advanced Medical Equipment & Technology

Market Closed - London S.E. Other stock markets 02:30:00 2023-06-30 am EDT			5-day change	1st Jan Change
1.925 ^GBX	-.--%		+10.00%	+10.00%

Apr. 02	Sareum ups retail offer; SThree nabs former ITV exec	AN
Feb. 29	EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding	AN

Advanced Oncotherapy eyes USD15 million tranche in February

February 02, 2024 at 09:08 am EST

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Regarding its recapitalisation plan, company works alongside investor towards initial tranche of funding, which it expects to be about USD15 million to be received this month. However, it adds that there can be no guarantee that this funding will be received, nor that it will be received on time. Further, Advanced Oncotherapy says it remains in advanced talks with a third-party investor regarding a short-term loan facility which would provide the company with additional short term bridge financing.

Current stock price: 1.93 pence

12-month change: down from 9.75p at February 2, 2023

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Latest news about Advanced Oncotherapy plc

Sareum ups retail offer; SThree nabs former ITV exec	Apr. 02	AN
EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding	Feb. 29	AN
Advanced Oncotherapy eyes USD15 million tranche in February	Feb. 02	AN
Advanced Oncotherapy Faces Delay in Receiving $15 Million Funding from Investor	Feb. 01	MT
Advanced Oncotherapy in advanced talks regarding loan	Jan. 09	AN
Advanced Oncotherapy in talks over possible cash injection	23-10-23	AN
Advanced Oncotherapy Signs Deal with Investor for Potential $80 Million Funding	23-10-23	MT
Advanced Oncotherapy results delayed, funding talks continue	23-10-03	AN
Advanced Oncotherapy plans to raise up to GBP110 million	23-07-17	AN
FTSE 100 Closes Monday Down 0.4% Dragged by Miners	23-07-17	DJ
UK Finance Chiefs Are More Gloomy About Outlook	23-07-17	DJ
London Stocks Seen Opening Lower	23-07-17	DJ
Advanced Oncotherapy Announces Recapitalisation and Funding Plan	23-07-17	CI
Jadestone Energy holds production and capex targets	23-06-30	AN
FTSE 100 Closes Up 0.8% Lifted by Banks	23-06-30	DJ
Market Pricing of BOE's Interest-Rate Rises Seen Excessive	23-06-30	DJ
FTSE 100 Rises as UK Economy Avoids Contraction in 1Q	23-06-30	DJ
UK June House Price Slip Shows Buyer Pressures	23-06-30	DJ
Odey Asset Management Cuts Stake in De La Rue, Advanced Oncotherapy, Others	23-06-22	MT
Advanced Oncotherapy Receives Request for Partial Conversion of Notes to Shares	23-06-20	MT
Advanced Oncotherapy optimistic of securing further funding	23-06-02	AN
Advanced Oncotherapy plc announced that it has received £3.8626 million in funding	23-06-01	CI
Online Blockchain keeping ADVFN at "arms length"	23-05-15	AN
Advanced Oncotherapy Secures Additional Funds Via Secured Convertible Note	23-05-05	MT
Sterling Rises, Seen Driven by Risk Sentiment And Dollar	23-05-05	DJ

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Company Profile

Advanced Oncotherapy Plc is a United Kingdom-based specialist developer and provider of a proton therapy system, the LIGHT system. The Companyâs team, ADAM, based in Geneva, is focused on the development of a proprietary proton accelerator called, Linac Image Guided Hadron Technology (LIGHT). LIGHT's compact configuration delivers proton beams in a way that facilitates greater precision and electronic control. The linear design of LIGHT allows for active longitudinal modulation along the proton beam axis and the variation of the proton beam by electronic means during cancer treatment. The modular feature of LIGHT offers hospitals and treatment centers the flexibility to customize cancer treatment plans based on a range of energies. Its subsidiaries include ADAM S.A., Advanced Oncotherapy Americas Inc, Advanced Oncotherapy B.V., Advanced Oncotherapy Resources Ltd, APTS Harley Street Ltd, Advanced Oncotherapy (China) Ltd, Advanced Oncotherapy Proton Therapy Services Ltd and other.

Sector

Advanced Medical Equipment & Technology

Calendar

2024-06-25 - Q4 2023 Earnings Release (Projected)

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