Feedback (GB:FDBK) has released an update.
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Feedback PLC has announced a retail offer to raise up to £1 million through the issuance of new shares, priced at 20 pence each, as part of a broader fundraising initiative that includes a placing and subscription to garner approximately £6.3 million. This capital injection aims to bolster the company’s working capital and balance sheet. The offer is open to both new and existing UK retail investors, with a minimum subscription set at £100.
For further insights into GB:FDBK stock, check out TipRanks’ Stock Analysis page.