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Mirriad Advertising Successfully Closes Retail Offer, Raising £1.6 Million

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Mirriad Advertising Successfully Closes Retail Offer, Raising £1.6 Million

Confident Investing Starts Here:

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

Mirriad Advertising plc has successfully closed its WRAP Retail Offer, raising approximately £0.1 million through the issuance of over 1 billion new Ordinary Shares. This effort is part of a larger fundraising initiative, which has conditionally raised a total of £1.6 million, subject to shareholder approval and other conditions. The funds are expected to support the company’s operations and strategic initiatives, potentially strengthening its market position in the virtual advertising industry.

More about Mirriad Advertising

Mirriad Advertising plc is a leader in virtual product placement and in-content advertising, offering a multi-patented and award-winning platform that dynamically inserts 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: 71,627,049

Technical Sentiment Signal: Strong Sell

Current Market Cap: £170.4K

For a thorough assessment of MIRI stock, go to TipRanks’ Stock Analysis page.

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