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Immedia ( (GB:BANK) ) has provided an announcement.
Fiinu Plc has announced the termination of its Share Subscription Facility Agreement with GEM, resulting in the issuance of 7,666,667 new ordinary shares to GEM as a settlement. This move, alongside the cancellation of outstanding warrants, is seen as a positive step in Fiinu’s recovery following the return of its banking license, and aligns with its strategic objectives for 2025 and 2026.
More about Immedia
Fiinu Plc operates in the financial services industry, focusing on banking solutions. The company is known for its innovative products, including the Plugin Overdraft®, and has recently expanded its operations with the addition of Everfex.
Average Trading Volume: 683,712
Technical Sentiment Signal: Buy
Current Market Cap: £71.64M
For detailed information about BANK stock, go to TipRanks’ Stock Analysis page.