The cybersecurity solutions company focused on cyber strategy and risk, announces today that it has completed an oversubscribed fundraising of approximately £3.6m (gross) through a placing of 16,761,407 ordinary shares at a price of 21.7p per share. The placing price represents a 10% discount to the closing bid-price on 22 September 2022.
Crossword intends to use the proceeds from new and existing institutional shareholders for sales and marketing, product development and support, geographical ....
23 Sep 2022
Hybridan Research: 23/09/22: Crossword Cybersecurity plc (CCS): £3.6m equity raise to fund topline growth to £6m in 2023
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Hybridan Research: 23/09/22: Crossword Cybersecurity plc (CCS): £3.6m equity raise to fund topline growth to £6m in 2023
Crossword Cybersecurity Plc (CCS:LON) | 5.0 0 0.0% | Mkt Cap: 5.07m
- Published:
23 Sep 2022 -
Author:
Emily Liu -
Pages:
5
The cybersecurity solutions company focused on cyber strategy and risk, announces today that it has completed an oversubscribed fundraising of approximately £3.6m (gross) through a placing of 16,761,407 ordinary shares at a price of 21.7p per share. The placing price represents a 10% discount to the closing bid-price on 22 September 2022.
Crossword intends to use the proceeds from new and existing institutional shareholders for sales and marketing, product development and support, geographical ....