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The latest announcement is out from RC Fornax plc ( (GB:RCFX) ).
RC Fornax plc has successfully raised £2.25 million through a placing of 37,500,000 shares and has announced a Retail Offer to raise an additional £0.5 million. The fundraising efforts are contingent upon shareholder approval at a General Meeting scheduled for December 5, 2025. The participation of key directors and a concert party in the placing highlights significant internal support, potentially increasing their influence within the company. This strategic move is aimed at strengthening the company’s financial position and enhancing its market presence.
More about RC Fornax plc
RC Fornax plc is a UK-based consultancy that specializes in delivering high-impact engineering solutions for critical military platforms. The company is known for its accredited and scalable services, which are in high demand within the defense sector.
Average Trading Volume: 384,605
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.58M
For detailed information about RCFX stock, go to TipRanks’ Stock Analysis page.