CAP-XX Ltd (GB:CPX) has released an update.
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CAP-XX Ltd, a leader in supercapacitor technology, has successfully completed an oversubscribed Retail Offer at 0.11 pence per share, raising approximately £2.775 million alongside a Placing and Subscription. This capital influx will see the issuance of over 2.5 billion new ordinary shares, pending shareholder approval at the upcoming General Meeting. The total fundraising effort could reach £3.025 million, bolstering CAP-XX’s financial position as it continues to innovate in energy management solutions.
For further insights into GB:CPX stock, check out TipRanks’ Stock Analysis page.
