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Fiinu Plc Secures £900,000 in Equity Fundraise to Boost Operations

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Fiinu Plc Secures £900,000 in Equity Fundraise to Boost Operations

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Immedia ( (GB:BANK) ) has shared an announcement.

Fiinu Plc has announced a successful equity fundraise, securing up to £900,000 through the issuance of 4,500,000 new ordinary shares at a price of 20 pence per share. This fundraising effort, which reflects a 33% premium compared to a previous subscription, will provide additional working capital for the company, enhancing its operational capacity and market positioning.

More about Immedia

Fiinu Plc operates in the financial sector and is listed on AIM under the ticker BANK. The company is involved in providing financial services and products, focusing on innovative banking solutions.

Average Trading Volume: 902,921

Technical Sentiment Signal: Buy

Current Market Cap: £54.82M

For detailed information about BANK stock, go to TipRanks’ Stock Analysis page.

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