11th Sep 2025 14:30
(Alliance News) - Amazing AI PLC on Thursday said it has raised over GBP1.0 million through an accelerated bookbuild and broker option.
The London-based financial technology firm and consumer lender is issuing 79.3 million shares priced at 0.01 pence each. This is part of the bookbuild intended to raise up to GBP1.0 million for the firm's bitcoin treasury and general working capital purposes.
In addition to the bookbuild, Amazing AI, formerly known as Investment Evolution Credit, granted a broker option to Oberon Capital for any new shares which remained after the bookbuild closed.
Amazing AI had planned for a maximum of GBP207,500 to be available in the broker option, but said the offer was oversubscribed, with valid applications for 24.6 million new shares, totalling GBP246,000 before expenses.
The firm expects the bookbuild shares to be admitted to trading on September 18, followed by the broker option shares on September 19.
Amazing AI stock traded down 0.7% at 1.39 pence per share on Thursday afternoon on the Aquis Exchange. It has fallen by about 97% in the last 12 months.
By Holly Munks, Alliance News reporter
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