Comment from Zak7 May 2025 09:01
Gfinity (GFIN) announced that the Company has today raised Β£300,000 conditional on Admission, through a Company arranged subscription with third parties at a price of 0.07 pence. GFIN said βThis funding, coupled with the continued development of Connected IQ technology, allows us to take Connected IQ through to industry wide adoption, and is reflective of the efficient model built by the team.
Comment: GFIN made its Clark Kent to Superman transformation, with a decent initial share price reaction, although this faded as the market sniffed a fundraise. With this fundraise out of the way those who liked the AI transformation may feel it is safe to get on board.