-+ 0.00%
-+ 0.00%
-+ 0.00%

Blackbird plc to Raise Funds via Subscription Offer

MT Newswires·12/18/2025 04:54:52
Listen to the news
04:54 AM EST, 12/18/2025 (MT Newswires) -- Blackbird plc (BIRD.L) said Thursday it plans to raise 500,000 pounds sterling via a share subscription offer. The British cloud technology company will issue 22,222,222 shares at 0.0225 pound apiece. Proceeds are intended to boost the company's balance sheet amid marketing operations for its elevate.io platform, as well as for general working capital purposes. Admission of the shares on the AIM segment of the London bourse and settlement are expected on Jan. 19, 2026.