Haydale recently outlined its new plan, that includes the acquisition of SaveMoneyCutCarbon (SMCC) alongside an equity raise to support the transaction and strengthen its balance sheet.
Now, it was reported that the fundraising leg of that plan is largely in place. Haydale has raised approximately £5.8 million, made up of £4.7 million from a placing, £540,000 from direct subscriptions and £500,000 from an oversubscribed retail offer. This sits just below the original “up to £6.4 million” target, but is probably enough to move the deal and the new strategy forward.
Haydale recently outlined its new plan, that includes the acquisition of SaveMoneyCutCarbon (SMCC) alongside an equity raise to support the transaction and strengthen its balance sheet. Now, it was reported that the fundraising leg of that plan is largely in place. Haydale has raised approximately £5.8 million, made up of £4.7 million from a placing, £540,000 from direct subscriptions and £500,000 from an oversubscribed retail offer. This sits just below the original “up to £6.4 million” target, but is probably enough to move the deal and the new strategy forward.
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