RE: Thats it30 Apr 2025 21:40
7 Apr 2025 07:00
RNS Number : 8857D
Catenai PLC
07 April 2025
7 April 2025
Catenai PLC
("Catenai", the "Company")
Klarian update
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 £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 £567,500, by the end of June 2025. The Company will explore the possibility of deploying these funds into new and exciting AI opportunities.