Cel AI shares drop 28% after £10 million fundraiser; outlines Bitcoin plans

Shares in Cel AI PLC (LSE:CLAI) fell 28% on Monday after the company announced a heavily discounted £10 million fundraising through a placing and direct subscriptions priced at 0.2p per share. The deal will see the issue of 5 billion new shares, subject to shareholder approval, and was conducted via an accelerated bookbuild led by OAK Securities.

Source: proactiveinvestors.co.uk

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