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Dekel Agri-Vision Secures £2.33 Million in Oversubscribed Fundraise

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Dekel Agri-Vision Secures £2.33 Million in Oversubscribed Fundraise

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Dekel Agri-Vision ( (GB:DKL) ) has provided an update.

Dekel Agri-Vision Plc has successfully completed an oversubscribed fundraising, securing gross proceeds of £2.33 million. The fundraising includes participation from Subscribing Directors and institutional investors, with the issue price set at a 37.5% discount to the market price. The company plans to use the funds to further its strategic initiatives, and the new shares are expected to commence trading on AIM following shareholder approval at the upcoming General Meeting.

More about Dekel Agri-Vision

Dekel Agri-Vision Plc is a West African agriculture company focused on developing a portfolio of sustainable and diversified projects.

Average Trading Volume: 400,179

Technical Sentiment Signal: Sell

Current Market Cap: £4.91M

For an in-depth examination of DKL stock, go to TipRanks’ Overview page.

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