Rosslyn Data Technologies (GB:RDT) has released an update.
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Rosslyn Data Technologies has announced a significant retail offer for subscription of new Ordinary Shares at a substantial discount, aiming to raise up to £250,000 through PrimaryBid. This offer includes a conditional fundraising to support the company’s strategic business plan and working capital, alongside a proposed capital reorganization subject to shareholder approval. The initiative is designed to extend the company’s cash runway to profitability and is open to both existing shareholders and new investors.
For further insights into GB:RDT stock, check out TipRanks’ Stock Analysis page.
