Ticker

BSF Enterprise PLC (LSE:BSFA, OTC:BSFAF) lost ground on Tuesday after a debt conversion sparked equity dilution concerns across its shareholder base. The tissue engineering, lab-grown materials, and bioactive solutions developer fell 10.56% to 1.12p in morning London trade as the market absorbed the planned arrival of new shares.

Shares in BSF Enterprise PLC (LSE:BSFA, OTC:BSFAF) soared 56.5% to 1.33p on Monday after the tissue engineering company agreed outline terms for a joint venture to sell its lab-grown leather into the American luxury market. The London-listed group has signed non-binding heads of terms with IMPOSTER, a US brand operator, to form a 50/50 venture.