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Mustang Energy Plc ( (GB:CYK) ) has shared an update.
Cykel AI PLC has successfully completed an oversubscribed capital raise, securing £800,000 through the issuance of 25,000,000 new ordinary shares at a premium to the closing share price. The proceeds will be used to enhance their sales and marketing efforts, including the development of their automated digital workers, Eve and Samson, and to support general working capital needs. This move is expected to strengthen Cykel’s market position and operational capabilities.
More about Mustang Energy Plc
Cykel AI PLC is a UK-based technology company specializing in artificial intelligence products that interact with any user interface, website, or API using natural language commands.
YTD Price Performance: 0.95%
Average Trading Volume: 3,209,575
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.77M
For detailed information about CYK stock, go to TipRanks’ Stock Analysis page.