Primorus Investments (GB:PRIM) has released an update.
Primorus Investments PLC has acquired an 8.45% stake in Pri0r1ty AI PLC by investing £300,460, as part of Pri0r1ty’s larger £550,000 funding round aimed at financing its software rollout. Despite Pri0r1ty’s loss of £51,530 in the previous year, the investment is expected to help Pri0r1ty become revenue-generating and launch its flagship product. Meanwhile, Pri0r1ty is also in non-binding acquisition talks with Alteration Earth PLC, which, if successful, could significantly impact the company’s future.
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