The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInspirit Energy Share News (INSP)

Share Price Information for Inspirit Energy (INSP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.011
Bid: 0.01
Ask: 0.012
Change: 0.001 (10.00%)
Spread: 0.002 (20.00%)
Open: 0.01
High: 0.011
Low: 0.01
Prev. Close: 0.01
INSP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Inspirit agrees short-term working capital facility

Thu, 08th Dec 2022 15:51

(Sharecast News) - Waste-heat recovery technology company Inspirit has entered into a short-term, unsecured debt facility of up to $0.25m, it announced on Thursday, under which it would initially draw down $0.08m.

The AIM-traded firm said the facility was with Riverfort Global Opportunities, with the proceeds of the advance to be used for general working capital.

It said the facility carried a 12-month term, and would allow Inspirit to draw down funds repayable within six months in either cash or shares.

The facility would attract 1.5% interest per month based on the value of the outstanding indebtedness payable in cash, and an implementation fee of 6% of any advances if settled in cash or 8% if issued in shares.

"This is a good short-term facility providing near-term funding while the engineering team works on the final phase of our waste-heat recovery application, on which the board will provide further updates in due course," the directors of Inspirit said in their statement.

At 1524 GMT, shares in Inspirit Energy Holdings were down 11.27% at 0.03p.

Reporting by Josh White for Sharecast.com.

More News
2 Apr 2024 11:15

EARNINGS: EPE Special "cautiously optimistic"; RTW Biotech NAV rises

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

Read more
2 Jan 2024 17:22

IN BRIEF: Inspirit Energy shares jump as repays USD80,000 debt

Inspirit Energy Holdings PLC - London-based waste heat recovery technology and decarbonisation engineering solutions company - Repays short-term, unsecured debt of USD80,000, which was drawn down in December 2022. "The board are pleased to reduce this debt and will provide further updates in due course," Inspirit adds.

Read more
27 Dec 2023 11:53

EARNINGS: Inspirit Energy pretax loss narrow, while RC365's widens

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued in the past week and not separately reported by Alliance News:

Read more
14 Nov 2023 14:19

TRADING UPDATES: Billington on track to beat 2023 expectations

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

Read more
14 Aug 2023 10:17

AIM WINNERS & LOSERS: Harvest Minerals cuts annual sales forecasts

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

Read more
14 Aug 2023 10:00

Inspirit confident in system despite finding defect in component

(Sharecast News) - Waste heat recovery technology specialist Inspirit Energy updated the market on its waste heat recovery unit on Monday, known as the 'Inspirit Charger', having identified a component defect after a number of successful tests.

Read more
14 Aug 2023 09:31

Inspirit Energy notes possible performance enhancement on engines

(Alliance News) - Inspirit Energy Holdings PLC on Monday gave an update on the Inspirit Charger that has been designed for waste heat recovery for use in marine and automotive applications.

Read more
31 Mar 2023 14:51

EARNINGS SUMMARY: Quarto pretax profit up by half; confident for 2023

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

Read more
16 Mar 2023 17:32

TRADING UPDATES: Inspirit Energy reports progress on Inspirit Charger

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

Read more
16 Mar 2023 17:31

TRADING UPDATES: Inspirit Energy reports progress on Inspirit Charger

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

Read more
16 Mar 2023 16:58

Inspirit makes progress with 'Charger' unit

(Sharecast News) - Waste heat recovery technology developer Inspirit updated the market on Thursday on the Inspirit Charger - a unit designed for waste heat recovery in marine and automotive applications.

Read more
30 Dec 2022 16:19

Inspirit Energy shares plummet amid AIM suspension after results delay

(Alliance News) - Inspirit Energy Holdings PLC on Friday said it would be unable to publish its audited annual report for the year ended June 30, and as such, would see its shares suspended from AIM.

Read more
30 Dec 2022 13:32

LONDON MARKET CLOSE: FTSE 100 ends lower but holds ground in 2022

(Alliance News) - Stock prices in London finished the year on a lacklustre note on Friday, but the FTSE 100 was standing strong in comparison to similar stock measures elsewhere.

Read more
8 Dec 2022 11:55

Inspirit Energy shares fall on USD250,000 short-term financing deal

(Alliance News) - Inspirit Energy Holdings PLC on Thursday said it had entered a short-term unsecured debt facility of up to USD250,000 with Riverfort Global Opportunities PCC Ltd.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.