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RC Fornax plc ( (GB:RCFX) ) has provided an update.
RC Fornax plc has successfully completed a Retail Offer, raising approximately £2.32 million through the issuance of 38,697,131 new shares at 6 pence per share. The new shares are set to be admitted to trading on AIM, with the total issued share capital increasing to 95,942,718 ordinary shares. This fundraising effort is contingent upon the approval of resolutions at the upcoming General Meeting and is expected to enhance the company’s financial position, potentially impacting its market operations and shareholder interests.
More about RC Fornax plc
RC Fornax plc operates in the financial sector, focusing on fundraising and investment opportunities. The company is listed on AIM and engages in activities such as placing and retail offers to raise capital.
Average Trading Volume: 384,605
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.58M
Learn more about RCFX stock on TipRanks’ Stock Analysis page.