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An update from RC Fornax plc ( (GB:RCFX) ) is now available.
RC Fornax plc has announced a conditional retail offer of new ordinary shares through RetailBook at a discounted issue price of 6 pence per share. This fundraising initiative, which includes a separate institutional investor placement, aims to support the development of the company’s AI-powered Procure X Marketplace and Smart Suite products, as well as provide working capital for potential contract wins. The offer is open to both existing shareholders and new investors in the UK, with a minimum subscription of £250. The proceeds will help strengthen RC Fornax’s market positioning and operational capabilities.
More about RC Fornax plc
RC Fornax plc operates in the technology sector, focusing on developing AI-powered marketplaces and smart suite products. The company aims to connect verified SMEs with buyers and offers a range of smart products to enhance business operations.
Average Trading Volume: 423,942
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.58M
See more data about RCFX stock on TipRanks’ Stock Analysis page.