MAC Alpha Ltd. ( (GB:MACA) ) has shared an update.
MAC Alpha Limited has published its Interim Financial Statements for the period ending December 31, 2024, and successfully raised £500,000 through the issuance of A Shares. The funds will be invested in its subsidiary, MAC Alpha (BVI) Limited, to support the company’s strategic objectives. Despite a loss of £152,099 for the period, the company is optimistic about its buy-and-build strategy and continues to explore potential acquisition opportunities. The A Shares issued do not carry voting rights and remain unlisted, maintaining the company’s existing voting structure. The company remains compliant with certain principles of the UK Corporate Governance Code but does not adopt it fully due to its size and nature.
More about MAC Alpha Ltd.
MAC Alpha Limited is a company focused on effecting mergers, share exchanges, asset acquisitions, and similar business combinations. Incorporated in October 2021 and listed on the London Stock Exchange, the company aims to generate long-term returns by supporting growth, acquisitions, and performance improvements across various sectors including automotive, clean technology, financial services, media, and healthcare.
Technical Sentiment Consensus Rating: Strong Buy
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