Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Cake Box Holdings ( (GB:CBOX) ) has issued an announcement.
Cake Box Holdings PLC has successfully raised £7 million through an oversubscribed placing of new ordinary shares, with strong support from both existing and new institutional investors. The funds raised will enhance the company’s financial position and potentially strengthen its market presence, with the new shares expected to be admitted to trading on the AIM market of the London Stock Exchange.
More about Cake Box Holdings
Cake Box Holdings PLC is the UK’s largest retailer of fresh cream celebration cakes, focusing on providing a wide range of high-quality cakes for various celebrations.
Average Trading Volume: 38,834
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £76M
For a thorough assessment of CBOX stock, go to TipRanks’ Stock Analysis page.