Mirriad Advertising plc (GB:MIRI) has released an update.
Mirriad Advertising plc announced the successful closure of its Retail Offer, raising gross proceeds of £0.49 million from the issue of over 39 million shares at 1.25 pence each. Alongside this, the company’s total fundraising efforts have reached approximately £6.79 million, inclusive of a significant order from an existing institutional shareholder. The funds are subject to shareholder approval at a General Meeting set for May 23, 2024, with the anticipated trading of new shares on AIM by May 28, 2024.
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