Ethernity Networks Ltd. (GB:ENET) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ethernity Networks Ltd announced that its CEO, David Levi, has subscribed for over 9 million new ordinary shares at 0.3p each, raising £27,025 for the company. Levi was also granted an equal number of Warrants, exercisable at 0.75p per share for 18 months. Following the subscription, the company’s share capital will increase, with Levi holding a 4.24% stake post-admission.
For further insights into GB:ENET stock, check out TipRanks’ Stock Analysis page.