London-listed mobile gaming supplier Nektan has raised further financing of £2.75m to support the company’s overall growth strategy, including the expansion of its US joint venture Respin.
Having secured around £8.0m in financing earlier this year in April and May, Nektan will raise a further £2.75m through the issue of £2.39m of convertible loan notes and a placing of 232,258 new ordinary shares of 1p each.
The company said that in order to satisfy potential additional demand [...]