Business
Admission to Trading and First Day of Dealings
Admission to Trading and First Day of Dealings.
About this update from Bsf Enterprise Plc
[{"type":"text","content":"\n \n \n \n 17 May 2022\n \n \n \n \n BSF Enterprise PLC\n \n \n \n (\"BSF\" or \"the Company\")\n \n \n \n Admission to Trading and First Day of Dealings\n \n \n \n Following the successful reverse takeover of 3D Bio-Tissues Limited (\"3DBT\"), a tissue engineering business based in Newcastle, UK, the Company announces admission of the enlarged group to the standard segment of the Official List and initiation of trading on the London Stock Exchange's Main Market at 8.00 a.m. today under the ticker '\n BSFA\n ' (\"Admission\"). The Admission follows a placing which raised £1.75m at a placing price of 7.37 pence per share.\n \n \n \n About 3DBT\n \n \n \n ●\n A tissue engineering company with patent-protected IP that is already producing human corneas that could help restore vision to millions of people\n \n \n ●\n It has three strands of IP, each with a different sector focus, development and revenue timeline:\n \n \n ●\n \n Serum-free media:\n \n 3DBT's City-mix™ is an animal-free cell growth agent for culturing skin, muscle & fat cells which will be used for lab-grown meat and leather production\n \n \n ●\n \n Skin Care Products:\n \n Lipopeptide Etsyl™ actively increases collagen production in human skin cells which can be used in cosmetic and skin care products\n \n \n ●\n \n Tissue Templating Application:\n \n using a platform to grow different tissues with natural structure & function such as corneas, lab-grown meat and leather & human skin substitutes\n \n \n ●\n Building on its success to date, 3DBT is focused on producing the UK's first 100% lab-grown meat in the next 12 months\n \n \n ●\n The funds raised will be used to expand the team and to market the Company's animal-free cell growth agent (serum free media) and cosmetics\n \n \n \n \n \n ●\n Strong management team with over 20 years' experience in extracellular matrix biology and tissue engineering - globally recognised experts in molecular biology\n \n \n \n About BSF\n \n \n \n ●\n Aim to accelerate the tissue engineering sector, which includes the growth of cell-laden structures including production of high quality, lab-grown meat and leather\n \n \n ●\n Experienced Board with a clear strategy - acquire, develop and license technology in cultured animal tissue and related products\n \n \n ●\n Operating in fast growing and transformative m...