Cykel AI PLC Converts Fees to Equity
Company Announcements

Cykel AI PLC Converts Fees to Equity

Mustang Energy Plc (GB:CYK) has released an update.

Cykel AI PLC, a UK-based tech firm specializing in AI interaction with digital interfaces, has announced the conversion of £17,700 of service supplier fees into 300,000 shares at £0.059 each. The new shares are expected to be admitted for trading on the London Stock Exchange around 22 August 2024, increasing the total share capital to 418,640,862 shares. This move capitalizes on the company’s strategic position in the booming global AI market, offering enhanced operational efficiencies and ROI for partners.

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

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