Equity Subscription to raise £300,000

Summary by AI BETAClose X

Mollyroe plc has successfully raised £300,000 before costs through the issuance of 120,000,000 new Ordinary Shares at 0.0025p each, with subscribers also receiving warrants on a 1:1 basis exercisable at the same price. These funds, combined with existing cash, will support the company's investment strategy, including its investment in Cascade Studio, and general working capital. The new shares are expected to be admitted to trading on the Aquis Stock Exchange Growth Market around February 16th, 2026, at which point the total number of voting rights will be 160,275,480. The company is also in final negotiations for further funding via a Convertible Loan Note.

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Companies

Mollyroe plc (MOY)
UK 100

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