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Pin to quick picksCap-xx Share News (CPX)

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Cap-XX raises GBP2.2 million via placing, subscription, retail offer

Mon, 25th Mar 2024 20:08

(Alliance News) - Cap-XX Ltd on Monday said it has raised GBP2.2 million through a placing, subscription and retail offer of shares.

The Sydney-based company, which makes supercapacitors for portable electronic devices said it has raised GBP150,00 from a retail offer of 153.0 million shares priced at 0.1 pence each.

On Friday, Cap-XX said it had raised GBP2.0 million via a placing and subscription of shares.

In total, from the placing, subscription and retail offer, Cap-XX has raised GBP2.2 million. Accordingly, 2.19 billion shares will be issued.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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13 Mar 2024 11:35

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12 Mar 2024 14:26

Cap-XX CFO Mike Taylor retires after 16 years in role

(Alliance News) - Cap-XX Ltd on Tuesday announced its Chief Financial Officer Mike Taylor has decided to retire after 16 years in the role, and will officially depart the company on Friday.

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12 Mar 2024 12:38

CAP-XX chief financial officer to retire

(Sharecast News) - Supercapacitors manufacturer CAP-XX revealed on Tuesday that chief financial officer Mike Taylor had decided to retire from the role and will be leaving the group on 15 March.

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28 Feb 2024 14:21

Cap-XX shares rise on developments in Maxwell Technologies ligation

(Alliance News) - Cap-XX Ltd shares rose on Wednesday, amid developments in ligation with Maxwell Technologies Inc.

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19 Feb 2024 15:47

IN BRIEF: Cap-XX withdraws appeal on patent infringment case in US

Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Directors decide to take no further action with an appeal made, after the Delaware District Court, US ruled in favour of Maxwell Technologies Inc in a patent infringement case. It initially made the appeal in late January, but has now opted to drop the appeal. Says: "The decision follows the conclusion of a case review by CAP-XX with its lawyers, which considered the legal fees to present the appeal and the probability of success."

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19 Feb 2024 12:12

CAP-XX chooses not to pursue Maxwell case appeal

(Sharecast News) - Supercapacitor design and energy management specialist CAP-XX updated the market on Monday, following the Delaware District Court's ruling on 29 January favouring Maxwell Technologies in a patent infringement lawsuit initiated by CAP-XX.

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1 Feb 2024 12:00

CAP-XX shares plunge as loss widens on higher costs; revenue jumps

(Alliance News) - Cap-XX Ltd on Thursday said higher administratice and legal expenses drove its half year loss to widen, despite a revenue climb.

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1 Feb 2024 10:31

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29 Jan 2024 13:55

IN BRIEF: Cap-XX files notice of appeal regarding patent infringement

Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices -Files a notice of appeal to the Federal Circuit Court of Appeals following the Delaware District Court judgment in favour of Maxwell Technologies Inc. Says the appeal process is at a preliminary stage and there can be no certainty as to the timing of the appeal process or whether the appeal will be heard by the Federal Circuit Court of Appeals.

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10 Jan 2024 10:58

IN BRIEF: Cap-XX says court verdict won't harm portfolio, shares rise

Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Says it is "disappointed" but "evaluating all options", including taking case to Federal Circuit Court of Appeals, after Delaware District Court in late December favoured Maxwell Technologies Inc in a patent infringement case. Company concludes, following a review of its patent portfolio, that the Delaware judgement does not affect said portfolio's integrity, or the integrity and enforceability of current licensing deals. Patents made invalid in the Delaware judgement expired in December 2019, company having first accused Maxwell of infringement in 2017.

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21 Dec 2023 15:43

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(Sharecast News) - Supercapacitor and energy management system design and manufacturing specialist CAP-XX issued a positive trading update for its first half on Thursday.

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(Alliance News) - Stock prices in London closed higher on Monday, after investors shrugged off hawkish comments from US Federal Reserve officials amid festive cheer.

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18 Dec 2023 14:13

CAP-XX patents found invalid in litigation with Tesla subsidiary

(Sharecast News) - Supercapacitor and energy management system specialist CAP-XX updated the market on its ongoing patent infringement case against Maxwell Technologies, now a subsidiary of Tesla, on Monday.

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