CAP-XX Ltd Secures £2.775 Million Through Retail Offer
Company Announcements

CAP-XX Ltd Secures £2.775 Million Through Retail Offer

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

CAP-XX Ltd, a leader in supercapacitor technology, has successfully completed an oversubscribed Retail Offer at 0.11 pence per share, raising approximately £2.775 million alongside a Placing and Subscription. This capital influx will see the issuance of over 2.5 billion new ordinary shares, pending shareholder approval at the upcoming General Meeting. The total fundraising effort could reach £3.025 million, bolstering CAP-XX’s financial position as it continues to innovate in energy management solutions.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskCAP-XX Secures £2.75 Million in Oversubscribed Placing
TipRanks UK Auto-Generated NewsdeskCAP-XX Ltd Launches Discounted Share Offer to Shareholders
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