StockMarketWire.com - Audioboom Group has conditionally raised a further £500,000 through an additional subscription of 20,000,000 new ordinary shares with a new institutional VCT investor.

Chief executive Rob Proctor said: "We are delighted to announce this further investment from a new, single institution.

"This £0.5m investment, coupled with the £4.0 million raised recently, will enable us to accelerate the growth and development of Audioboom."




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