Quadrise's Oversubscribed £6.53m Fundraising

Deal News | Jan 31, 2025 | Shore Capital Markets

Quadrise's Oversubscribed £6.53m Fundraising

Quadrise plc, a company listed on the AIM market under the ticker QED, successfully completed a significantly oversubscribed fundraising, securing £6.53 million through a placing and retail offer. Shore Capital Markets, serving as Joint Corporate Broker and Bookrunner, played a vital role in orchestrating this capital raise. The oversubscription is indicative of strong investor confidence and interest, which could drive Quadrise's strategic initiatives forward. This capital infusion is expected to support Quadrise's operational and strategic pursuits, showcasing robust market interest and Shore Capital's proficient execution capabilities.

Sectors

  • Financial Services
  • Energy

Geography

  • United Kingdom – Quadrise plc is listed on the AIM market, which is a sub-market of the London Stock Exchange, making the UK the primary geography of operations and relevance for this transaction.

Industry

  • Financial Services – The industry is relevant as Shore Capital Markets is a financial service provider, acting as a broker and bookrunner for Quadrise plc's fundraising.
  • Energy – Quadrise plc operates within the energy sector, which is relevant to the context of raising funds to advance its operations in this industry.

Financials

  • £6.53 million – The total amount raised by Quadrise plc in their significantly oversubscribed placing and retail offer.

Participants

NameRoleTypeDescription
Quadrise plcTarget CompanyCompanyQuadrise plc is a company listed on the AIM market, involved in the recent £6.53 million fundraising.
Shore Capital MarketsJoint Corporate Broker and BookrunnerCompanyShore Capital Markets acted as the broker and bookrunner for Quadrise plc's oversubscribed placing and retail offer.