News blog

Imaginatik

  • BY: Andrew Hore |
  • POSTED: 12/06/2017 |

Imaginatik wants to raise up to £1.9m from a placing and open offer at 2p a share. 

The placing will raise £1.4m and the one-for-six open offer will raise up to £500,000. The closing date is 30 June.

The cash will be used to invest in sales and marketing and to develop reseller partnerships which are already selling the company’s innovation management software.

Imaginatik has been building up its management and investing in its software.

Customer churn increased last year but renewals have improved to 90% more recently.

The share price is 2.13p.

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds