Insig AI PLC (GB:INSG) has released an update.
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Insig AI PLC has raised £0.813 million through an equity subscription at a 2% discount to the previous closing price, issuing 6,500,000 new shares to investors including a significant investment from NR Holdings Limited and Chairman John Wilson. The capital will be directed towards sales and marketing and general working capital. The new shares will trade on the AIM market of the London Stock Exchange, with trading expected to start around 11 June 2024.
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