Cykelai PLC (GB:CYK) has released an update.
UK-based Cykel AI PLC has successfully raised £350,000 through a share placement to support its growth in the burgeoning AI market, following its reverse takeover and re-listing on the London Stock Exchange. The funds are earmarked for general working capital needs, with the newly issued shares set to be admitted for trading, enhancing the company’s profile and capital access. Cykel AI specializes in AI products that improve operational efficiencies, allowing businesses to save time and increase ROI through automation.
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