Northern 3 VCT (GB:NTN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Northern 3 VCT PLC, alongside its partners Northern Venture Trust PLC and Northern 2 VCT PLC, has announced plans for a joint fundraising effort aimed at generating up to £6 million for the company and a collective £36 million across the Northern VCTs. The fundraising, which is contingent on shareholder and regulatory approvals, will take place through a new ordinary shares offer in the 2024/25 tax year. A detailed prospectus is expected to be released in January 2025.
For further insights into GB:NTN stock, check out TipRanks’ Stock Analysis page.