Feedback PLC Upscales Fundraising to £5.57 Million

Feedback (GB:FDBK) has released an update.

Feedback plc successfully raised approximately £5.57 million through a placing and subscription, with shares priced at a 55% discount to the previous market rate, indicating high investor interest. The fundraising effort was upscaled from an initial target, attracting new investors alongside existing shareholders. The company also launched a Retail Offer to raise an additional £1 million, with shares expected to be admitted to trading on AIM by the end of November 2024.

For further insights into GB:FDBK 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.

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