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Mirriad Advertising Secures £1.5 Million Through Share Placement

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An announcement from Mirriad Advertising ( (GB:MIRI) ) is now available.

Mirriad Advertising PLC has successfully raised £1.5 million through an accelerated bookbuild, placing 15 billion ordinary shares with investors at a price of 0.01 pence per share. This fundraising effort, which is conditional on shareholder approval at an upcoming General Meeting, aims to bolster the company’s working capital and support its operations in the virtual advertising industry.

More about Mirriad Advertising

Mirriad Advertising PLC is a leader in virtual product placement and in-content advertising, utilizing a multi-patented platform to dynamically insert products and brands into various forms of content such as television, SVOD/AVOD, music, and influencer content. The company operates in the US, Europe, and India, creating new revenue opportunities for content owners and enhancing the viewing experience.

Average Trading Volume: 66,222,383

Technical Sentiment Signal: Strong Sell

Current Market Cap: £284K

See more data about MIRI stock on TipRanks’ Stock Analysis page.

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