Business
Fundraising to raise £1.4m & Notice of GM
Fundraising to raise £1.4m & Notice of GM.
About this update from Cambridge Cognition Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 3977D Cambridge Cognition Holdings PLC 19 February 2020 \n\nTHIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY NEW ORDINARY SHARES OF CAMBRIDGE COGNITION HOLDINGS PLC IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\nCambridge Cognition Holdings Plc\n(\"Cambridge Cognition\" or the \"Company\")\nFundraising to raise £1.4 million\nand \nNotice of General Meeting\nCambridge Cognition Holdings plc, which develops and markets neuroscience technology to assess brain health, is pleased to announce a conditional Placing and Subscription (together the \"Fundraising\") to raise gross proceeds of £1.4 million through the issue of 7,000,000 new ordinary shares (the \"New Ordinary Shares\") at a price of 20 pence per Ordinary Share (the \"Issue Price\"). The Fundraising comprises 6,450,000 placing shares (the \"Placing Shares\") and 550,000 subscription shares (the \"Subscription Shares\"). Admission (\"Admission\") of the New Ordinary Shares is subject to, inter alia, shareholder approval at a general meeting of the Company (\"General Meeting\"), notice of which will be sent to shareholders shortly.\nfinnCap Ltd (\"finnCap\") is acting as nominated adviser and joint broker, alongside Dowgate Capital Limited (\"Dowgate\") who will also be acting as joint broker in connection with the Placing (finnCap and Dowgate together, the \"Joint Brokers\"). Neither the Placing nor the Sub...