Source - Alliance News
Insig AI PLC - London-based data science and machine learning - Draws down a third tranche of £290,000 from its convertible loan facility agreement with Chair Richard Bernstein. After this, £100,000 remains available. The £750,000 loan agreement was announced in September to help solve Insig’s short-term working capital needs. The facility is in addition to the £1.0 million one previously provided by Bernstein that was announced back in May.
Current stock price: 14.14 pence, down 13% in London on Monday around midday
12-month change: down 67%
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