CAP-XX Ltd Announces Fundraising to Drive Growth
Company Announcements

CAP-XX Ltd Announces Fundraising to Drive Growth

CAP-XX Ltd (GB:CPX) has released an update.

CAP-XX Limited, a leader in supercapacitor design, plans to raise at least £2.5 million through an accelerated bookbuild, supplementing with a £250,000 director subscription and a £0.275 million retail offer. The funds will support growth initiatives, including a strategic partnership with SCHURTER AG and enhanced presence in the North American market through DigiKey. This move follows a significant shift from licensing to product sales, boosting revenues by 26.4% over the past year.

For further insights into GB:CPX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCAP-XX to Showcase Innovations at Electronica 2024
TipRanks UK Auto-Generated NewsdeskCAP-XX Ltd Secures £2.775 Million Through Retail Offer
TipRanks UK Auto-Generated NewsdeskCAP-XX Secures £2.75 Million in Oversubscribed Placing
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App