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Andreas Berg Nielsen

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Windar Photonics (AIM: WPHO) plans £4m equity raise after €2.8m sales-order issues and auditor exit

Windar Photonics needs shareholder backing for a proposed ÂŁ4 million equity fundraising after questionable sales orders, delayed customer decisions and severe liquidity pressure overturned its growth outlook. The suspended AIM company says failure to complete the raise could leave it considering administration.