SEEEN Plc (GB:SEEN) has released an update.
SEEEN Plc, a media and technology platform, has announced a fundraising effort through the placement and subscription of new shares to raise approximately £763,000. The company plans to use the funds to accelerate sales of their technology products, further develop their intellectual property, and expand into the training and skills market. Additionally, SEEEN has secured in excess of $500,000 in additional annualized revenue this quarter from new and existing customers, and anticipates continued growth and a move to cash flow breakeven in 2024.
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