FWT
NEUTRALForesight Technology VCT Raises £1.5m Through Equity Placing
The technology-focused investment trust has raised £1.5m through a share placing, issuing new shares at a 2-8% discount to the previous closing price.
The technology-focused investment trust has raised £1.5m through a share placing, issuing new shares at a 2-8% discount to the previous closing price.
The technology company has successfully raised funds through an equity offering, but details about the strategic rationale and intended use of proceeds are limited.
The technology company has corrected the total number of shares allotted under a recent equity offering, raising concerns about its reporting and internal controls.
The venture capital trust raised £38M and expanded its portfolio to 34 companies, despite a slight NAV decrease. It continues to invest actively in new and existing technology ventures.
VCT raises funds at premium price