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Imaginatik proposes fundraising to strengthen balance sheet

Wed, 25th May 2016 17:18

(ShareCast News) - Imaginatik shares fell on Wednesday after the software company proposed a £2.1m fundraising to boost its balance sheet.The group will raise the funds by placing 63,263,520 new ordinary shares worth £1.6m and an open offer of up to 21,277,896 new ordinary shares worth £0.53m.The company said the proceeds will be used to strengthen the balance sheet and fund business development investment costs."These funds will enable Imaginatik to capitalise on the growth achieved in the last financial year and the underlying progress within the business," said chairman Matt Cooper.Shares closed down 8.33% to 2.75p.
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3 Dec 2018 12:49

Imaginatik wins 'significant' contract with new customer

(Sharecast News) - Imaginatik said on Monday that it has won a "significant" contract with a new customer - a global chemical conglomerate - worth $142,000 a year.

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19 Nov 2018 10:40

Imaginatik slashes costs but losses persist

(Sharecast News) - Losses widened at Imaginatik in a challenging half-year as new business slowed down in the wake of the innovation consultant's strategic review.

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26 Oct 2018 12:44

Eight Capital Partners pours £0.25m into Imaginatik

(Sharecast News) - Technology-focussed investment vehicle Eight Capital Partners announced an investment of £0.25m into Imaginatik on Friday.

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18 Oct 2018 09:25

Imaginatik secures over $1.5m in renewals and new business.

(Sharecast News) - Imaginatik has secured more than $1.5m worth of orders since the start of September and is close to appointing a nominated adviser to allow trading in its shares to resume.

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17 Sep 2018 10:27

Imaginatik confirms further delay with equity investment

(Sharecast News) - Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.

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11 Sep 2018 08:17

Imaginatik's shares plummet after losses deepen and revenues fall

(Sharecast News) - Management software provider Imaginatik saw its shares dip on Tuesday after reporting steeper annual losses as revenues fell and the company failed to complete its objectives for the year.

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29 May 2018 11:07

Imaginatik Confirms Funding Search To Help Sale Process

LONDON (Alliance News) - Management consultancy and software firm Imaginatik PLC on Tuesday confirmed it is on the look-out for short-term funding to progress its ongoing sale process.At of

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1 May 2018 10:10

Imaginatik May Seek Funding Ahead Of Sale As Revenue To Decline

LONDON (Alliance News) - Imaginatik PLC on Tuesday said it may look for additional funding to tide the company over while it seeks to sell itself, as annual revenue is expected to fall despite a a

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21 Mar 2018 12:06

Imaginatik In Talks With Possible Buyers, Hopes To Conclude By May

LONDON (Alliance News) - Management software and services company Imaginatik PLC said on Wednesday it is in talks with a number of possible buyers of the company, almost two a

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6 Dec 2016 08:16

Imaginatik narrows losses and holds revenue steady

(ShareCast News) - Imaginatik posted its unaudited results for the six months to 30 September on Tuesday, with a reduced loss after tax of £0.26m, compared to £0.41m, despite the impact of adverse currency movements. The AIM-traded company reported recognised revenue holding almost steady at £1.84m,

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24 Jun 2016 06:56

Imaginatik Raises Further GBP9,000 In Open Offer, Placing (ALLISS)

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25 May 2016 09:50

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

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25 May 2016 08:19

Imaginatik To Raise GBP2.1 Million To Boost Finances, Back Growth (ALLISS)

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17 May 2016 11:40

UPDATE: Imaginatik Plummets On Plans For Discounted Fundraising (ALLISS)

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