Warpaint London (GB:W7L) has released an update.
Warpaint London has successfully raised £14 million through an oversubscribed placing of new shares, priced at a slight discount to the market rate. Directors actively participated, purchasing shares worth £582,499, and a Retail Offer aims to raise an additional £1 million, giving existing shareholders a chance to invest. The new shares are set to be traded on the AIM market of the London Stock Exchange starting December 10, 2024.
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