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DG Innovate Raises £500,000 to Boost Joint Venture and Operations
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DG Innovate Raises £500,000 to Boost Joint Venture and Operations

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Path Investments ( (GB:DGI) ) has shared an announcement.

DG Innovate plc has successfully raised £500,000 through a conditional placing of new ordinary shares, aiming to support its joint venture with EVage Automotive and provide ongoing working capital. The funds will cover immediate needs until early February 2025, while the company seeks further funding opportunities to enhance its commercial activities.

More about Path Investments

DG Innovate plc is an advanced research and development company focused on creating innovative solutions in sustainable mobility and energy storage.

YTD Price Performance: -50.52%

Average Trading Volume: 68,815,364

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £11.58M

See more data about DGI stock on TipRanks’ Stock Analysis page.

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