1Spatial has completed an accelerated bookbuild, raising net proceeds of £8m. The funds will be invested in customer acquisition, the repayment of the outstanding overdraft and the ongoing development of the company’s core technology suite. The announcement also confirms trading is in line with expectations and that 1Spatial has won a number of new contracts to provide data management solutions to a UK infrastructure provider. We leave our underlying forecasts unchanged at this st
27 Jul 2018
1Spatial - £8m raise to drive expansion
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
1Spatial - £8m raise to drive expansion
1Spatial Plc (SPA:LON) | 59.0 0 0.0% | Mkt Cap: 65.4m
- Published:
27 Jul 2018 -
Author:
Dan Ridsdale -
Pages:
2
1Spatial has completed an accelerated bookbuild, raising net proceeds of £8m. The funds will be invested in customer acquisition, the repayment of the outstanding overdraft and the ongoing development of the company’s core technology suite. The announcement also confirms trading is in line with expectations and that 1Spatial has won a number of new contracts to provide data management solutions to a UK infrastructure provider. We leave our underlying forecasts unchanged at this st