Gfinity (GB:GFIN) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Gfinity PLC has announced a significant equity issue, with Director David Halley subscribing to 200,000,000 new Ordinary Shares at a price of 0.015p each, totaling an investment of £30,000. The proceeds from this issuance will serve as additional working capital for the company. This move will see Gfinity’s total issued share capital increase, with the new shares expected to be admitted for trading around October 4, 2024.
For further insights into GB:GFIN stock, check out TipRanks’ Stock Analysis page.