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Catenae Continues Funding Discussions As Insolvency Fears Mount

Fri, 24th Jan 2020 13:49

(Alliance News) - Catenae Innovation PLC said Friday it is continuing discussions with several parties to secure immediate funding of up to GBP100,000 through a placing or short term debt.

Catenae said its working capital remains weak, and should it be unable to secure funding, the company may need to consider starting insolvency proceedings.

Shares in the digital media firm were 18% lower at 0.66 pence on Friday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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19 Dec 2019 10:45

Catenae Signs Two Agreements For Onside Management Software

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12 Sep 2019 15:02

Miton Group Exits 9.5% Stake In Catenae Innovation After Loss Warning

(Alliance News) - Catenae Innovation PLC said Thursday Miton Group PLC exited its stake in the the blockchain firm following a transaction on Wednesday.Miton sold all of its stake in after

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11 Sep 2019 11:53

Catenae Innovations Warns On Earnings As Market Remains Weak

(Alliance News) - Digital media and technology firm Catenae Innovations PLC on Wednesday warned second-half revenue is to miss its own expectations.Shares were 38% lower on Wednesday in at

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11 Sep 2019 08:19

Catenae losses widen as Brexit uncertainties depress target sectors

(Sharecast News) - Digital media and technology group Catenae Innovation warned on Wednesday that full-year losses looked set to widen after second-half revenues came in below expectations.

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18 Jul 2019 13:08

Catenae Innovation Chair Sanders Resigns For Personal Reasons

(Alliance News) - Catenae Innovation PLC said Thursday Chair & Chief Executive Officer Tony Sanders had resigned for personal reasons, with Business Development Director Guy Meyer stepping up

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28 Jun 2019 15:36

Catenae Innovations Well Placed To Keep Growing Revenue

(Alliance News) - Digital media and technology firm Catenae Innovations PLC on Friday said it solid progress during the first half of its financial year.In the six months to March, Catenae

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27 Feb 2019 10:40

Catenae Innovation raises £0.58m to develop pipeline

(Sharecast News) - Digital media and technology provider Catenae Innovation announced a placing and subscription for a total of 575,000,000 new ordinary shares at a price of 0.1p per share on Wednesday, raising gross proceeds of £0.575m.

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27 Feb 2019 09:46

Catenae Innovation To Raise GBP575,000 Via Placing; Hires Joint Broker (ALLISS)

LONDON (Alliance News) - Catenae Innovation PLC said Wednesday it raised GBP575,000 through the placing and subscription of 575.0 million new shares.The price for the placing shares was in

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5 Feb 2019 09:28

Catenae Innovation Inks Deal With Z/Yen Group For Platform

LONDON (Alliance News) - Catenae Innovation PLC on Tuesday said it has signed a five-year renewable licence framework agreement with Z/Yen Group Ltd for the use of the ChainZy distributed ledger

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25 Jan 2019 09:41

Catenae Innovation trialling 'OnSide' in rugby environment

(Sharecast News) - Digital media and technology provider Catenae Innovation has signed its first agreement for 'OnSide' within Premiership Rugby, it announced on Friday.

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21 Jan 2019 10:12

Catenae Innovation Shares Up As It Signs First OnSite Agreement

LONDON (Alliance News) - Shares rose in Catenae Innovation PLC on Monday as it signed its first contract for its workplace management software OnSite with building management and inspection in the

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31 Dec 2018 12:06

Catenae makes operational progress as board assures shareholders over viability

(Sharecast News) - Digital media and technology provider Catenae Innovation reported some operational progress, but concerns over its ongoing viability as a going concern on Monday, in its final results for the year ended 30 September.

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6 Dec 2018 14:24

Catenae signs STM Security up to its blockchain tech

(Sharecast News) - Digital media and technology provider Catenae Innovation has signed its first contract for a solution utilising its blockchain technology, it announced on Thursday.

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1 Nov 2018 11:44

Catenae Innovation Raises GBP600,000 Via Share Issue (ALLISS)

LONDON (Alliance News) - Catenae Innovation PLC said Thursday it agreed to issue 500 million shares at 0.12 pence each to raise new capital and settle creditor debts.Catenae shares were up

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5 Jul 2018 12:11

Catenae Innovation Issues Shares, Signs Two Concept Agreements (ALLISS)

LONDON (Alliance News) - Catenae Innovation PLC on Thursday said it has it raised funds through the issue of 118.8 million shares.Shares in the digital media and technology provider were at

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