Quadrise Fuels Expands Share Capital with Warrant Exercise

Quadrise Fuels International ( (GB:QED) ) has provided an announcement.

Quadrise Fuels International has announced the exercise of warrants by a consultant, resulting in the issuance of 3.6 million new ordinary shares. This move will increase the company’s total issued share capital to 1,990,295,465 ordinary shares, potentially impacting shareholder voting rights and interest notifications under the FCA’s rules.

Spark’s Take on GB:QED Stock

According to Spark, TipRanks’ AI Analyst, GB:QED is a Neutral.

Quadrise Fuels International’s overall score is impacted by weak financial performance and challenging valuation, but is somewhat balanced by positive technical indicators and strategic corporate events. The company’s focus on partnerships and innovation in sustainable fuels could drive future growth, but current financial weaknesses and lack of revenue generation pose significant risks.

To see Spark’s full report on GB:QED stock, click here.

More about Quadrise Fuels International

Quadrise Fuels International is an energy transition technology company that focuses on the decarbonization of shipping and heavy industry by deploying low carbon fuels and biofuels. It supplies MSAR® and bioMSAR™ emulsion technology, fuels, and biofuels to lower energy costs, pollution, and greenhouse gas emissions for the global power generation, shipping, industrial, and oil industries.

Average Trading Volume: 3,712,607

Technical Sentiment Signal: Strong Buy

Current Market Cap: £91.39M

See more insights into QED stock on TipRanks’ Stock Analysis page.