NetScientific (GB:EMVC) has released an update.
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EMV Capital plc successfully closed its oversubscribed fundraising, raising £1.5 million at an issue price of £0.50 per share, with strong participation from both existing and new investors. The funds will be used to advance the company’s growth strategy, reflecting investor confidence despite challenging economic conditions. Key company directors also participated in the offer, enhancing their stakes in the company.
For further insights into GB:EMVC stock, check out TipRanks’ Stock Analysis page.