IXICO plc (GB:IXI) has released an update.
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IXICO plc has announced a successful conditional fundraising, securing £4.0 million through the issuance of shares at a 5.6% premium over the current market price. The company’s major shareholders and directors participated in the fundraising, which is subject to shareholder approval at an upcoming General Meeting. The raised capital is intended to support IXICO’s continued growth, with the new shares expected to begin trading on the AIM market of the London Stock Exchange later this month.
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