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GSTechnologies Announces Retail Offer to Boost Capital
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GSTechnologies Announces Retail Offer to Boost Capital

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GSTechnologies Ltd. ( (GB:GST) ) just unveiled an announcement.

GSTechnologies Ltd has announced a Retail Offer to its existing retail shareholders in the UK, aiming to raise up to £250,000 through the issuance of 13,157,894 new ordinary shares. This move is part of a broader fundraising initiative, which includes a separate placing of new ordinary shares to raise £2,000,000. The Retail Offer is conditional on the successful admission of the fundraising shares to the London Stock Exchange, anticipated on 23 January 2025, and underscores the company’s commitment to engaging its retail shareholder base.

More about GSTechnologies Ltd.

GSTechnologies Ltd is a fintech company that focuses on offering financial technology solutions. The company is involved in the issuance of retail offers and placings to raise capital, aiming to strengthen its financial standing and business operations.

YTD Price Performance: -2.14%

Average Trading Volume: 28,516,896

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £53.11M

For a thorough assessment of GST stock, go to TipRanks’ Stock Analysis page.

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