TSE Group is raising £323,000 at 0.17p a share.
The Switzerland-based sports consultancy intends to use the cash to expand internationally.
Newly appointed broker Dowgate received its commission in the form of 10m TSE shares, which fell 0.04p to 0.25p.
The share issue will require shareholder approval at a general meeting.
© 2025 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds