RE: CEO Finally - Excellent RNS!27 Mar 2026 08:46
Missed this, as it’s way at the bottom of RNS. CEO has also confirmed £5M facility still intact (of which they have around £4.5M still available)
‘The Company has continued to reduce its monthly cash burn to an average of c. $300k as of March 2026, and expects its cash runway to extend into early April 2026. In addition, the Company is progressing discussions regarding a potential loan from certain Directors and will update the market as appropriate. The Convertible Facility provided by Alumni Capital LLC remains in place, although utilisation is currently constrained by market conditions.’