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

Cirata Logo

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

Company Image

London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY [email protected] +44 (0)20 3100 2000

Leeds

Northspring, 36 Park Row Leeds, LS1 5JL [email protected] +44 (0)113 841 9700

Cambridge

50-60 Station Road Cambridge, CB1 2JH [email protected] +44 (0)113 841 9700
Company Image

New York

20th Floor 575 Fifth Avenue New York NY 10017 [email protected] +1 212 596 4800