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The latest announcement is out from Blackbird PLC ( (GB:BIRD) ).
Blackbird PLC announced the successful closure of its Retail Offer, raising approximately £129,163.83, contributing to a total of £2.13 million raised through a Placing and Subscription. This fundraising effort supports the company’s growth initiatives and strengthens its financial position, with the new shares expected to be admitted to trading on AIM by the end of July 2025, enhancing its market presence and shareholder value.
Spark’s Take on GB:BIRD Stock
According to Spark, TipRanks’ AI Analyst, GB:BIRD is a Neutral.
Blackbird PLC’s overall score reflects its financial challenges with profitability and cash flow, balanced by its strong equity position and strategic initiatives. The technical analysis indicates stability, while valuation concerns persist due to negative earnings. Recent corporate events suggest potential for growth, tempering some financial weaknesses.
To see Spark’s full report on GB:BIRD stock, click here.
More about Blackbird PLC
Blackbird PLC operates in the SaaS, Media and Entertainment, and content creation markets. It offers cloud-native video editing platforms, including Blackbird, used by broadcasters and content creators, and elevate.io, a collaborative content creation platform for professional teams and the Creator Economy. The company also licenses its video technology to enable cloud business models.
Average Trading Volume: 519,395
Technical Sentiment Signal: Sell
Current Market Cap: £11.71M
For an in-depth examination of BIRD stock, go to TipRanks’ Overview page.