15th Mar 2016 14:58
LONDON (Alliance News) - Cloudbuy PLC said on Tuesday it was in the final stages of agreeing a financing package, as it noted a rise in its share price on Tuesday.
Shares in Cloudbuy were up 5.0% at 6.30 pence on Tuesday, having risen as high as 7.45 pence earlier in the day.
CloudBuy, which provides cloud-based e-commerce marketplaces and business-to-business buyer and supplier services, said the package agreement will be concluded at or around its opening share price on Tuesday.
It added it will make a further announcement about the financing package in due course.
By Hannah Boland; [email protected]; @Hannaheboland
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