Correction: Equity Subscription to raise £300,000

Summary by AI BETAClose X

Mollyroe plc has successfully raised £300,000 through the issuance of 120,000,000 new Ordinary Shares at £0.0025 per share, with subscribers also receiving one warrant per share exercisable at the same price for four years. These funds, combined with existing cash, will support the company's investment strategy, including its investment in Cascade Studio, and general working capital. The company is also in final negotiations for further funding via a Convertible Loan Note. Admission of the new shares to the Aquis Stock Exchange Growth Market is expected around February 16, 2026, at which point the total voting rights will be 160,275,480.

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Mollyroe plc (MOY)
UK 100

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