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Gfinity PLC Secures £260,000 in Fundraising Effort

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Gfinity PLC Secures £260,000 in Fundraising Effort

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Gfinity ( (GB:GFIN) ) has issued an announcement.

Gfinity PLC has successfully raised £260,000 through a subscription of new ordinary shares, with a portion being subscribed by director David Halley. The funds raised will support the commercialization of CIQ, new business ventures, and general working capital, while warrants issued as part of the fundraising offer further investment opportunities to shareholders.

More about Gfinity

Gfinity PLC operates within the esports industry, providing digital media services and competitive gaming events. The company focuses on leveraging its expertise to commercialize technology and platforms related to esports competitions.

YTD Price Performance: -31.25%

Average Trading Volume: 44,128,690

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.98M

Learn more about GFIN stock on TipRanks’ Stock Analysis page.

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