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KRM22 ( (GB:KRM) ) has shared an announcement.
KRM22 plc has issued 70,093 new ordinary shares to partially satisfy deferred consideration for the acquisition of Object+, conserving cash within the Group. This strategic move allows the company to maintain liquidity while fulfilling payment obligations, with the new shares expected to begin trading on AIM on 15 January 2025, impacting shareholders’ calculations under FCA’s rules.
More about KRM22
KRM22 plc is a closed-ended investment company focused on technology and software investments, particularly in risk management for capital markets. Through its Global Risk Platform, KRM22 aids capital market companies in reducing risk management costs and complexities, optimizing systems and processes to enhance profitability and portfolio returns by leveraging risk as alpha. The company is headquartered in London and listed on AIM, with offices in major financial centers worldwide.
YTD Price Performance: 0.0%
Average Trading Volume: 15,000
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $12.22M
For detailed information about KRM stock, go to TipRanks’ Stock Analysis page.
