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TEAM plc ( (GB:TEAM) ) has provided an update.
TEAM plc has successfully completed a fundraising round, issuing 5,686,750 new ordinary shares to strategic investors VT EPIC MA Growth Fund and VT EPIC Wealth Fund, raising £0.57 million for working capital and corporate purposes. Additionally, the company issued shares to settle deferred consideration for a previous acquisition and to fulfill executive director bonus awards, enhancing its financial position and shareholder value.
More about TEAM plc
TEAM plc is a wealth and asset management group offering complementary financial services. The company focuses on providing strategic investment opportunities and financial solutions to its clients.
YTD Price Performance: 17.50%
Average Trading Volume: 42,008
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.97M
Find detailed analytics on TEAM stock on TipRanks’ Stock Analysis page.
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