Cambridge Cognition Holdings (GB:COG) has released an update.
Cambridge Cognition Holdings PLC successfully raised approximately £2.5 million through a combination of a Placing and a Subscription, issuing 6,250,000 new shares at a discounted issue price. The net proceeds are earmarked for growth initiatives, technical and business development, and working capital to enhance the company’s reach and manage key relationships. Additionally, an Open Offer to existing shareholders aims to raise up to £125,000, further supporting the company’s financial strength and commercial strategy.
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