Electric Guitar PLC (GB:ELEG) has released an update.
Electric Guitar PLC is expanding its equity through a loan conversion, issuing over 13 million new shares to Sanderson Capital Partners. This move increases Sanderson’s stake to nearly 24% of Electric Guitar’s enlarged share capital. The company aims to enhance its position as a leader in first-party data solutions for digital marketing.
For further insights into GB:ELEG stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.