Tekcapital PLC's shares fell over 15% after the company issued 24 million new shares at 2.25p, a 22% discount to the previous close, raising £550,000 to strengthen its balance sheet and fund investments. The new shares will increase total shares to over 281 million and are expected to trade on AIM soon. Tekcapital also updated on its portfolio companies, including Vesari, which is pursuing a business combination and holds a $293 million patent portfolio, and Guident, which raised $2 million and aims for a public listing. Other portfolio firms like MicroSalt and Innovative Eyewear also showed positive developments.
Tekcapital shares fell over 15% after a £550,000 placing at a 22% discount. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 29, 2026 16:02 WIB: out of 150 priced US stocks, 85 rose and 57 fell. Notable movers include Applied Digital Corporation (APLD) at USD 24.96 with a 1-day change of +1.75% and 100% buy order activity, ASML Holding NV (ASML) at USD 1,802.00 with a +1.73% change and 55% sell order activity, and Bitdeer Technologies Group (BTDR) at USD 11.21 with a +1.63% change and 88% buy order activity.
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