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Immedia ( (GB:BANK) ) has provided an update.
Fiinu Plc, a company listed on AIM under the ticker BANK, has announced an equity fundraise through the issuance of 9,400,000 new ordinary shares at 15 pence per share, raising up to £1,410,000. The funds will provide additional working capital, with a significant portion subscribed by QVP, a Luxembourg-based fund known for investing in innovative businesses. The issue price represents a 50% premium to a previous subscription and matches the price of a recent major facility settlement. The new shares are expected to be admitted to trading on AIM by 17 September 2025.
More about Immedia
Average Trading Volume: 715,744
Technical Sentiment Signal: Buy
Current Market Cap: £71.64M
For a thorough assessment of BANK stock, go to TipRanks’ Stock Analysis page.