IN BRIEF: Mollyroe "delighted" as GBP305,000 raised via subscriptions
Mollyroe PLC - investment firm focused on AI business opportunities - Announces on Tuesday it has raised GBP300,000 through subscriptions for 120.0 million new shares at 0.0025 pence each. Says this "attracted the strong support of significant incoming shareholders." Subscribers will receive warrants on a one-to-one basis, exercisable at the issue price with a four-year term. Mollyroe subsequently announces on Friday it has raised an additional GBP5,000 through the issue of a further 2.0 million shares. Company intends to use the net proceeds "to provide funding to execute the investment strategy agreed by shareholders in 2024, and as furthered by the company's first investment as announced on 3rd September 2025 and for general working capital purposes." Adds on Tuesday that it is in the final stages of negotiating further funds through a convertible loan note. Also, Chair Noel Lyons says Mollyroe is in the final stages of recruiting a chief executive and chief innovation officer. Read More