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Quadrise Fuels International ( (GB:QED) ) just unveiled an announcement.
Quadrise Plc announced a significant oversubscription of its Retail Offer, increasing the shares available to raise up to £2 million. The proceeds are intended for product and business development, equipment purchases, and enhancing the company’s balance sheet. The Retail Offer is distinct from the Placing and Subscription, with trading expected on AIM from February 3, 2025. This development highlights Quadrise’s strong market interest and strategic financial planning to support its growth ambitions.
More about Quadrise Fuels International
Quadrise Plc, listed on the AIM market, provides innovative energy solutions focused on creating a cleaner planet. The company is involved in product and business development, equipment purchases, and aims to strengthen its financial standing.
YTD Price Performance: -44.83%
Average Trading Volume: 13,043,158
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £75.18M
Find detailed analytics on QED stock on TipRanks’ Stock Analysis page.
