3rd Jul 2025 11:33
Blackbird PLC - London-based video editing software for media and entertainment industry - Aims to raise GBP2.2 million in total from a placing, subscription and retail offer of new shares, with the proceeds to be used to fund the roll-out of collaborative video editing and content creation platform elevate.io. The placing with existing and new institutional investors is expected to raise GBP1.9 million, while a subscription by Executive Chair Ian McDonough and other directors will raise a further GBP135,000. A retail share offer will raise up to a further GBP200,000. The offer at 3 pence per share will be led by broker Allenby Capital Ltd. Blackbird calls a July 24 general meeting to approve the equity sale. Read More
