Unicorn AIM VCT Expands Share Base with New Equity Issue Under Ongoing Offer

Unicorn AIM VCT ( (GB:UAV) ) has issued an announcement.

Unicorn AIM VCT plc has issued 2,093,579 new ordinary shares under its current Offer for Subscription, launched in January to raise up to £20 million with a £15 million overallotment option. The shares, priced between 77.00p and 81.27p, are intended for the 2026/2027 tax year and are expected to begin trading on the London Stock Exchange’s main market around 22 May 2026.

The offer remains open until 31 July 2026, unless closed earlier if fully subscribed or at the board’s discretion, and the latest allotment increases the company’s total shares in issue to 257,534,693. The capital raise supports Unicorn AIM VCT’s ability to deploy further funds into its target market of AIM-listed growth companies, potentially enhancing portfolio diversification and scale for existing and new shareholders.

Spark’s Take on UAV Stock

According to Spark, TipRanks’ AI Analyst, UAV is a Neutral.

The score is held back primarily by weak financial performance: volatile, investment-driven results, a FY2025 net loss, and consistently negative operating cash flow despite a strong low-debt balance sheet. Technicals are supportive with an uptrend, but overbought indicators increase near-term risk. Valuation is helped by a high dividend yield, though the negative P/E underscores profitability concerns.

To see Spark’s full report on UAV stock, click here.

More about Unicorn AIM VCT

Unicorn AIM VCT plc is a UK-listed venture capital trust focused on investing in smaller, growth-oriented companies quoted on the Alternative Investment Market. The company provides equity capital to early-stage and developing businesses, offering investors tax-efficient exposure to a diversified portfolio of AIM-listed firms.

Average Trading Volume: 64,975

Technical Sentiment Signal: Buy

For a thorough assessment of UAV stock, go to TipRanks’ Stock Analysis page.