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The latest announcement is out from Guild Esports ( (GB:ALRT) ).
Defence Holdings PLC has successfully raised £3 million through an oversubscribed placing and subscription, with an additional broker offer open to raise up to £1 million. The funds will be used to support the company’s development strategy across its four core technology areas. The fundraising received strong institutional support, including participation from the company’s directors, and is subject to shareholder approval at an upcoming general meeting. This financial boost is expected to enhance Defence Holdings’ market positioning as the first defence-only focused company listed in London, potentially impacting its operations and stakeholder interests positively.
More about Guild Esports
Defence Holdings PLC, headquartered in London, is a publicly listed company focused on delivering high-performance defence and security solutions for the UK and European markets. The company leverages capital-markets expertise and a network of technology partners to develop and acquire advanced sensors, AI-driven analytics, secure communications, and autonomous platforms, enhancing operational advantages across land, sea, air, space, and cyber domains.
YTD Price Performance: 1440.54%
Average Trading Volume: 19,850,560
Technical Sentiment Signal: Buy
Current Market Cap: £5.15M
For detailed information about ALRT stock, go to TipRanks’ Stock Analysis page.