Ethernity Networks Ltd. (GB:ENET) has released an update.
Ethernity Networks Ltd has announced the issuance of 98,750,000 new ordinary shares following a warrant exercise notice from New Technology Capital Group, LLC, amounting to £395,000. These shares will be admitted to trading on the AIM market of the London Stock Exchange around 17 July 2024. Post-admission, New Tech will hold a 24.67% stake in the company, which will have an enlarged issued share capital of 516,392,243 ordinary shares.
For further insights into GB:ENET stock, check out TipRanks’ Stock Analysis page.
