Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Catenae Innovation Plc ( (GB:CTAI) ) has issued an announcement.
Catenai PLC has secured £100,000 in funding through loan agreements with existing shareholders and a new party to support its working capital. This funding will involve an arrangement fee, a no-interest period until November 2025, and the issuance of warrants upon repayment. A related party transaction involves Sanderson Capital Partners Ltd, which is providing £25,000 of the loan and will receive warrants. Independent directors have deemed the transaction terms fair and reasonable for shareholders.
More about Catenae Innovation Plc
Catenai PLC is an AIM quoted provider of digital media and technology services, with an experienced IT team that has deployed systems across corporate, government, and educational sectors.
YTD Price Performance: -11.11%
Average Trading Volume: 1,022,391
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £789.1K
See more insights into CTAI stock on TipRanks’ Stock Analysis page.
