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Pin to quick picksInsig Ai Plc Share News (INSG)

Share Price Information for Insig Ai Plc (INSG)

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Share Price: 16.00
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TRADING UPDATES: Mirada extends loan; Atlantic Lithium joins ASX

Mon, 26th Sep 2022 16:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Mirada PLC - Surrey, England-based broadcasting technology firm - Extends maturity date of its loan facility with Leasa Spain SLU to November 30, 2023. New contract with Mirada replaces the previous contract between the company's subsidiary, Mirada Iberia SAU, and Leasa. In 2019, the subsidiary agreed a EUR1.3 million revolving credit facility with the lender, which was set to expire on November 30, 2021. This was then extended by one year to November 30, 2022, and to EUR3.0 million. All other terms of the unsecured facility remain unchanged, the company says.

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Woodbois Ltd - London-headquartered African-focused timber producer - Issues 60.0 million new voting shares following conversion of 60.0 million non-voting shares.

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Atlantic Lithium Ltd - lithium asset developer and producer focused in West Africa - Begins trading on the Australian Securities Exchange under the ticker 'A11'. Says its offer to buy up to 22.9 million shares in the company at a price of AUD0.58 each, which was open to eligible investors in Australia, New Zealand, Hong Kong and Singapore, was fully subscribed. Adds that trading on ASX will have no impact on it trading on London's AIM. "We believe that trading on the ASX will extend the company's shareholder base, enable wider trading and offer greater liquidity for Atlantic Lithium shares," Chair Neil Herbert says.

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S4 Capital PLC - London-based advertising agency - Cancels C ordinary shares in issue, following court order approving reduction of capital being registered with Companies House on Tuesday last week.

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Horizonte Minerals PLC - nickel company focused on Brazil - Brazilian Federal Government approves Horizonte's 100% owned Araguaia Nickel Project as a strategic minerals project. Says this approval will mean that the project is treated on a priority basis by various government agencies engaged in the construction and operation of the mine. "The selection of the Araguaia Nickel Project as a Strategic Minerals Project further demonstrates the global importance of nickel as a critical metal of the future as well as the project's strategic importance to Brazil," says Chief Executive Jeremy Martin.

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Insig AI PLC - London-based data science and machine learning - Draws down further GBP310,000 from convertible loan facility agreements with Chair Richard Bernstein and long-term shareholder David Kyte.

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By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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4 Apr 2024 17:24

TRADING UPDATES: Northcoders launches bootcamp; Schroder invests

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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2 Apr 2024 15:06

TRADING UPDATES: Insig AI eyes revenue fall; Phoenix Digital sound

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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28 Dec 2023 16:46

London close: Stocks slip as US jobless claims top expectations

(Sharecast News) - London's stock markets experienced a modest decline on Thursday, as the day unfolded with a pronounced lack of significant market-moving developments.

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28 Dec 2023 12:27

London midday: Stocks reverse gains to turn lower at lunchtime

(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.

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28 Dec 2023 08:29

London open: Stocks start the day in positive territory

(Sharecast News) - Stocks in London opened higher on Thursday amid a dearth of corporate news, after another advance for the S&P 500.

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28 Dec 2023 07:43

Insig AI gets listing on UN climate tool dashboard

(Sharecast News) - Machine learning and data science specialist Insig AI has achieved listing on the United Nations Climate Risk Tool Dashboard, it announced on Thursday.

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20 Dec 2023 14:19

IN BRIEF: Insig AI interim loss narrows as costs decrease

Insig AI PLC - London-based data science and machine learning firm - Interim loss narrows 36% to GBP1.8 million in the six months to September 30, from GBP2.8 million a year prior. Revenue declines 7.5% to GBP882,478 from GBP953,563. Administrative expenses decrease 33% to GBP2.2 million to GBP3.2 million. Looking ahead, Insig AI says: "Based on our expectations for new business wins in the coming quarter and beyond, we believe that the business has sufficient working capital. However, the board would consider an injection of equity should a potential partner wish to take a strategic equity stake to fast track growth. The board's view is that should this occur, pricing should reflect the value of the company's repository of corporate disclosures and its machine learning and data science expertise."

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15 Nov 2023 18:10

TRADING UPDATES: Synthomer trading consistent with expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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30 Oct 2023 10:44

Insig AI launches index to make corporate reporting more transparent

(Alliance News) - Insig AI PLC on Monday launched its Transparency and Disclosure Index, designed to give investors a better sense of how effectively firms are disclosing non-financial information.

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15 Sep 2023 12:06

Insig AI discussing partnerships with several parties

(Sharecast News) - Insig AI said in an update on Friday that it had continued to progress discussions with several parties in recent weeks in a bid to secure partnerships and distribution agreements.

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14 Aug 2023 09:43

Insig AI loss widens on impairment costs; revenue rises

(Alliance News) - Insig AI PLC on Monday said its full-year revenue rose but its loss widened on an impairment charge.

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4 Jul 2023 14:09

IN BRIEF: Insig AI agrees revised terms for convertible loan agreement

Insig AI PLC - London-based data science and machine learning - Says that it has agreed to revised terms with Richard Bernstein, the convertible loan holder, as announced on September 12 for GBP750,000. Insig AI explained at the time that it had agreed to a convertible loan because it needed further working capital over the short term and potentially the medium term. The company and Bernstein agree to extend the term of the convertible loan note agreement by six months to December 30. All other terms of the agreement remain unchanged.

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24 Apr 2023 19:21

TRADING UPDATES: acccesso buys firm, Card Factory ups outlook

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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6 Feb 2023 11:20

IN BRIEF: Insig AI shares up on new AI integration capabilities

Insig AI PLC - London-based data science and machine learning - Says it has conducted a series of tests using ChatGPT and other Generative AI models, and it is now able to integrate "the latest AI capabilities" from Alphabet Inc's Google, Open AI and the most advanced models such as ChatGPT and GPT-3. "We regard the advancement of this type of text based analysis as the ideal overlay to our existing repository of machine readable ESG and corporate data. Combining the deep contextual understanding that ChatGPT brings with our highly focused ESG natural language processing classifiers will provide differentiation in surfacing the most relevant ESG disclosures, thereby increasing overall analysis and productivity," Insig says.

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