SEEEN Plc (GB:SEEN) has released an update.
SEEEN Plc, a global media and technology platform, has successfully raised £45,000 through the issuance of 1,500,000 new Ordinary Shares at 3 pence each to certain investors, with each share accompanied by a Warrant. These funds are earmarked for working capital purposes, with the new shares expected to begin trading on AIM around 19 July 2024. Post-issuance, the company’s total issued share capital will reach 120,279,141 Ordinary Shares, with Water Intelligence plc holding a 4.94% stake.
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