Global Connectivity raises £293K in placing and subscription

What's the deal? Global ConnectivityDealroom has a profile for this one. Try Dealroom →, an AQSE-listed investment company focused on connectivity-aligned technologies, has raised £293,239 ($391,000) through a placing and subscription of new ordinary shares at 0.1 pence each.

Who's backing it? Existing shareholders supported the fundraising, with the executive chairman subscribing for £100,000 of shares. The placing and subscription comprise 293,239,000 new shares in total.

What's the money for? Net proceeds will support working capital and provide a financial runway to July 2027, assuming the executive chairman continues to waive his fees until a liquidity event.

What's next? Global Connectivity said the new shares are expected to begin trading on AQSE around 10 August 2026. HybridanDealroom has a profile for this one. Try Dealroom → acted as broker and bookrunner.

Read more: Investegate

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