Light Science Technologies Holdings PLC (AIM:LST, FRA:9FD), the AIM-listed technology and manufacturing company, has closed a retail share offer that was significantly oversubscribed, raising £0.6 million before expenses.
Due to excess demand, existing shareholders received 59.1% of their soft pre-emptive allowance, a mechanism giving existing investors priority over new participants.
The retail offer brings total gross proceeds from the company's wider fundraising to £6.6 million.