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Immedia ( (GB:BANK) ) has shared an announcement.
Fiinu Plc has announced an equity fundraise to generate up to £1,410,000 by issuing 9,400,000 new ordinary shares at 15 pence each. The funds will be used to provide additional working capital, with significant investment from QVP I, a Luxembourg-based investor known for supporting growth in European tech markets. The issue price represents a 50% premium compared to a previous subscription, reflecting strong market demand and strategic positioning.
More about Immedia
Fiinu Plc operates in the financial sector and is listed on AIM under the ticker BANK. The company focuses on providing innovative financial solutions and services, aiming to support local entrepreneurs and scale up internationally, particularly in key European tech markets.
Average Trading Volume: 715,744
Technical Sentiment Signal: Buy
Current Market Cap: £71.64M
For detailed information about BANK stock, go to TipRanks’ Stock Analysis page.