But the nominal share price will have to be changed?25 Jan 2026 10:04
It is currently 1p so we cannot issue new shares below this price. The next time we have funding concerns (likely next year) the nominal price will have to be changed (reverse split), but only if 75% of holders vote for it. It will boil down to this or bankruptcy!
Not sure if the next raise will be 0.25p, likely 0.5p?