Panmure Liberum acts as Sole Bookrunner on $7.2m fundraising for Cirata
We are pleased to announce that Panmure Liberum acted as Sole Bookrunner on a Placing, Subscription and Retail Offer raising $7.2m for Cirata plc
Following the Company's equity fundraise in July 2023, a significant amount of progress has been made across all parts of the Group, as the management team has instigated a complete rebuild of the Company.
The net proceeds of the capital raising are expected to be used to take business through to cash flow break-even, which the Company aspires to as it exits FY24, underpin all stakeholders', including customers', confidence and to allow the business to capitalise on its potential through investment in sales, marketing and products.
Panmure Liberum Team
Investment Banking – Max Jones, Rupert Dearden, John More, Rauf Munir, Anake Singh
Research – Andrew Ripper
Sales – Julian Plant, Oliver Baxendale
CIR – Marcio Remedios
Legal – Rebecca Gordon
