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Catenae Innovation Plc ( (GB:CTAI) ) has shared an announcement.
Catenai PLC has announced a successful fundraise of up to £1.6 million, which includes a placing and subscription of new ordinary shares. The funds will support the company’s investment in Alludium Limited and enhance its core digital media business. Catenai is also establishing a crypto treasury function focusing on Bitcoin and Bittensor, aligning with its strategy to integrate digital assets into its operations. This move is expected to drive long-term shareholder value and position Catenai as a technology-driven entity in the evolving digital media and AI industry.
More about Catenae Innovation Plc
Catenai PLC is an AIM-quoted provider of digital media and technology services, specializing in IT solutions that address commercial challenges and create opportunities for clients. The company has a growing focus on incorporating AI into its platforms and has deployed systems across corporate, government, and educational sectors.
Average Trading Volume: 84,377,318
Technical Sentiment Signal: Hold
Current Market Cap: £3.52M
For a thorough assessment of CTAI stock, go to TipRanks’ Stock Analysis page.