Β£750k market cap now7 Apr 2025 15:52
RNS
Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology, provides an update on Klarian Ltd ("Klarian"), a company to which Catenai provided a Β£450,000 unsecured convertible loan note facility as per the announcement of 25 April 2024.
Klarian has advised Catenai that it intends to repay the CLN and relevant fees, in total amounting to Β£567,500, by the end of June 2025. The Company will explore the possibility of deploying these funds into new and exciting AI opportunities.
This follows a positive period for Klarian which has included the Exeter Science Park's AI Innovation Event in March 2025, which brought together speakers from across the world of technology, from Intelligent AI to NVIDIA.
Klarian will present at the 2025 Banff Pipeline Workshop held in Alberta, an interactive forum that brings pipeline industry members, regulators, academics, and vendors together to share their knowledge and experience in the Kinnear Centre from the 7th to the 10th of April.
π€·ββοΈ Market Cap π€¦ββοΈ I need to give investing up if this never raises.