Devolver Digital, Inc. (GB:DEVO) has released an update.
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Devolver Digital, Inc. has announced a placement of new shares, aiming to raise £7.9 million to strengthen their balance sheet and pursue growth opportunities. The shares are priced at a 10% premium over the recent closing price, and the offering is immediately opened through an accelerated bookbuild process. The company assures shareholders that the move is aligned with their long-term success and the generation of shareholder value.
For further insights into GB:DEVO stock, check out TipRanks’ Stock Analysis page.