According to Dow Jones, shares were down 20 per cent, or 11 pence, at 42 pence 0847 GMT – after dropping more than 35 per cent in earlier trading.
The publisher said this morning that it is looking to raise £45 million to £55 million – likely by selling new stock either on the market or to commercial partners.
Phil Rogers, who took the helm of the embattled company last month, said: "SCi is in need of immediate change... To get SCi on track, we have to act rapidly and effect change quickly."
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