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Cel AI PLC raised £10 million for the purchase of BTC and operations.
Gate News bot message, UK listed company Cel AI PLC (LSE: CLAI) has completed a £10 million financing through a directed issuance and subscription method. This financing issues 5 billion new ordinary shares at a price of 0.2 pence per share.
The plan will take effect officially after approval at the shareholders' meeting on July 17. The funds raised will be used to purchase BTC and support the company's daily operations.