IXICO plc (GB:IXI) has released an update.
IXICO plc has announced a retail offer to raise up to £0.25 million through the issuance of new ordinary shares priced at 9.5 pence each, which represents a 5.6% premium over the closing share price on the prior day. The offer is part of a larger fundraising initiative aimed at raising a minimum of £4 million alongside a concurrent placing and subscription. The offer, limited to UK retail shareholders, is set to open on 9 October 2024 and close on 14 October 2024, with shares expected to commence trading on 28 October 2024.
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