Peel Hunt Announces Fundraise by RetailBook
Why we think this is neutral
This RNS announcement is about a fundraise by RetailBook, a technology-led platform, and does not contain any of the mandatory news types such as contract news, order news, trading update, or annual results. As a result, the sentiment is assessed as neutral.
Key Points
- RetailBook, a technology-led platform, completed a £500,000 fundraise
- The funds will be used for working capital, growth, and regulatory capital
- Two RetailBook directors participated in the fundraise
Summary
The financial services firm announces a fundraise by its technology subsidiary to support its growth and provide additional regulatory capital.
Peel Hunt Limited has announced that on 28 March 2025, RetailBook, the technology-led platform designed to provide access for issuers to retail capital in the UK, completed a fundraising of £500,000. The proceeds will be used to provide working capital, fund the next stage of RetailBook's growth, and provide additional regulatory capital. Two RetailBook directors, Aaqib Mirza and Nicholas Cullen, participated in the fundraise.
GENERAL UPDATE