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Catenai PLC Completes Investment in Alludium and Issues New Equity

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Catenae Innovation Plc ( (GB:CTAI) ) has shared an update.

Catenai PLC has completed its investment in Alludium Ltd, marking a significant step in its strategic expansion. Additionally, the company has issued new ordinary shares to settle a consultancy invoice, which will soon be admitted to trading on AIM. This move is expected to enhance Catenai’s market presence and provide stakeholders with updated voting rights, reflecting the company’s ongoing commitment to growth and transparency.

More about Catenae Innovation Plc

Catenai PLC is an AIM-quoted provider of digital media and technology services, specializing in IT solutions that address commercial challenges and create opportunities for clients. The company is increasingly focusing on incorporating AI into its platforms and has an experienced IT team that has deployed systems across corporate, government, and educational sectors.

Average Trading Volume: 66,393,911

Technical Sentiment Signal: Hold

Current Market Cap: £3.99M

Learn more about CTAI stock on TipRanks’ Stock Analysis page.

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