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CapAI plc Converts Loan Notes and Issues New Shares

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CapAI plc Converts Loan Notes and Issues New Shares

Dukemount Capital ( (GB:CPAI) ) has provided an announcement.

CapAI plc has announced the conversion of all outstanding convertible loan notes into 123 million new ordinary shares, effectively eliminating its convertible loan notes. Additionally, the company has issued 63.49 million fee shares to settle outstanding fees, resulting in a total of 186.49 million new ordinary shares to be admitted for trading on the London Stock Exchange. This move increases the total number of voting rights to over 3.1 billion, potentially impacting shareholder interests and market dynamics.

More about Dukemount Capital

YTD Price Performance: 953.57%

Average Trading Volume: 226,250,798

Technical Sentiment Signal: Sell

Current Market Cap: £6.23M

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

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