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RC Fornax plc ( (GB:RCFX) ) has provided an update.
RC Fornax plc announced the exercise of warrants for 1,396,234 new ordinary shares, which will be admitted to trading on AIM. This move increases the total issued share capital to 57,245,587 shares, allowing shareholders to adjust their interests according to FCA’s rules. This development signifies a strategic step in strengthening the company’s financial position and market presence.
More about RC Fornax plc
RC Fornax is a UK-based, highly accredited engineering consultancy specializing in high-impact work package solutions for critical military platforms. Founded by two ex-RAF engineers, the company aims to disrupt the defence sector by offering a wide range of expertise in systems, software, and hardware engineering, focusing on enhancing customer capabilities and improving project efficiency.
YTD Price Performance: -0.73%
Average Trading Volume: 43,493
For detailed information about RCFX stock, go to TipRanks’ Stock Analysis page.