Trading update & extended CLNs and warrant terms

Summary by AI BETAClose X

Insig AI plc announced that revenue for the six months ending September 30, 2025, is expected to be just under £440k, a 164% increase compared to the same period last year. The company has raised £1.0m in gross proceeds for working capital, to support sales activities and evaluate strategic options, including digital asset investments. The redemption dates for existing convertible loan notes of £1,000,000 and £500,000 issued to Richard Bernstein and David Kyte, respectively, have been extended by 15 months to December 31, 2026. The expiry date for 1,666,667 and 1,388,889 warrants to Richard Bernstein and David Kyte, respectively, have also been extended by 15 months to March 31, 2027.

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