Blackbird PLC, the AIM listed developer and seller of the Blackbird technology, has successfully raised £8m gross proceeds through an issue of 28.6m shares at 28p. The new monies are being raised at double the level of the last fundraise in November 2019 at 14p. The net proceeds of £7.6m are intended to bolster Blackbird’s commercial position by supporting further investment in its ‘Powered by Blackbird’ IP and developing opportunities in new markets. The fundraise builds on the recent landmark ....
15 Dec 2021
‘Powered by Blackbird’ monetisation of the IP
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‘Powered by Blackbird’ monetisation of the IP
Blackbird PLC (BIRD:LON) | 5.4 0 (-4.5%) | Mkt Cap: 20.7m
- Published:
15 Dec 2021 -
Author:
Gareth Evans -
Pages:
8
Blackbird PLC, the AIM listed developer and seller of the Blackbird technology, has successfully raised £8m gross proceeds through an issue of 28.6m shares at 28p. The new monies are being raised at double the level of the last fundraise in November 2019 at 14p. The net proceeds of £7.6m are intended to bolster Blackbird’s commercial position by supporting further investment in its ‘Powered by Blackbird’ IP and developing opportunities in new markets. The fundraise builds on the recent landmark ....