Tinybuild Inc Share News (TBLD)

tinyBuild swings to annual loss on higher costs; revenue plunges

(Alliance News) - tinyBuild Inc on Tuesday said it swung to a loss in 2023 and saw its revenue fall amid expected drop in contracts.

LONDON BROKER RATINGS: Jefferies raises Reckitt; Learning Tech is cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

UK earnings, trading statements calendar - next 7 days

IN BRIEF: tinyBuild says CEO Alex Nichiporchik's holding increases

tinyBuild Inc - Seattle, Washington-based video game developer and publisher - Chief Executive Alex Nichiporchik increases stake to 58% from 38% on Tuesday. On Friday last, firm confirmed issue of around 193 million shares at 5 pence each to raise USD12.3 million. This was split between around USD9.8 million via a subscription, around USD0.3 million under a placing, USD2.0 million by a private placement and around USD0.3 million under an open offer.

IN BRIEF: tinyBuild confirms fundraise after getting investor backing

tinyBuild Inc - Seattle, Washington-based video game developer and publisher - Reports resolutions at Friday's special meeting were approved. As a result, confirms issue of around 193 million shares at 5 pence each to raise USD12.3 million. This will be split between around USD9.8 million via a subscription, around USD0.3 million under a placing, USD2.0 million by a private placement and around USD0.3 million under an open offer.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Accrol makes buy; Artemis begins reconnaissance work

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

tinyBuild could face bankruptcy if investors fail to back fundraising

(Alliance News) - tinyBuild Inc on Friday said shareholders should vote in favour for its USD12.0 million fundraising to proceed and have until next Tuesday to do so.

UK shareholder meetings calendar - next 7 days

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

(Alliance News) - Stocks in London are likely to open lower on Friday, with investors feeling frosty ahead of a US inflation print this afternoon, amid sobering UK economic growth data.

IN BRIEF: video gamer tinyBuild gets USD12 million from share placing

tinyBuild Inc - Seattle, Washington-based video game developer and publisher - Confirms it raises USD12.0 million from a placing and subscription of new shares at 5 pence each and expects to raise USD2.2 million more from an open offer to existing shareholders. The equity raise was underwritten by tinyBuild Chief Executive Officer Alex Nichiporchik, whose stake may rise to as high as 59% from the current 37.8%, depending on take-up of the open offer, which will be on the basis of one new share for every six already held.

LONDON MARKET CLOSE: Investors feel frosty ahead of US inflation

(Alliance News) - The festive cheer failed to lift stock prices in London on Thursday, as investors nervously look ahead to a key inflation reading from the US on Friday.

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

Tinybuild shares jump following equity fundraising announcement

(Alliance News) - Tinybuild Inc shares rose on Thursday after announcing a plan to raise funds through the issue of new shares.

AIM WINNERS & LOSERS: tinyBuild to receive Atari investment

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