Quadrise Fuels International ( (GB:QED) ) has provided an announcement.
Quadrise Plc has announced a retail offer to raise up to £1 million through the issuance of new ordinary shares via the BookBuild Platform, priced at 3 pence each. This initiative follows a successful oversubscribed placing and subscription that raised £4.53 million. The funds collected will be directed towards product and business development, equipment purchases, and strengthening the company’s financial position. The completion of the retail offer is contingent upon the successful admission of shares for trading on the AIM market. This move reflects the company’s commitment to expanding its retail shareholder base and enhancing its operational capabilities.
More about Quadrise Fuels International
Quadrise Plc is a company that specializes in providing innovative energy solutions aimed at promoting a cleaner planet. The company operates within the energy industry, focusing on developing products and technologies that support sustainable energy consumption.
YTD Price Performance: -12.85%
Average Trading Volume: 9,297,614
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £110.1M
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