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Tekcapital ( (GB:TEK) ) has issued an announcement.
Tekcapital plc announced a £0.5 million (approximately US$0.6 million) equity placement by an existing shareholder, subscribing to over five million new ordinary shares, to raise additional working capital. This funding supports Tekcapital’s strategic positioning, as its portfolio companies continue to gain traction, including those listed on AIM and NASDAQ, with plans for further US listings.
More about Tekcapital
Tekcapital plc is a UK-based intellectual property investment group that focuses on creating valuable products from university-developed discoveries to enhance people’s lives. The company is listed on the AIM market of the London Stock Exchange and has a market presence that supports the commercialization of innovative technologies.
YTD Price Performance: 10.17%
Average Trading Volume: 844,390
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £20.65M
See more data about TEK stock on TipRanks’ Stock Analysis page.
