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LONDON - Cel AI Plc (LSE:CLAI) has completed a £10 million fundraising through the issuance of 5 billion new ordinary shares, the AI agent deployment platform announced Friday.
The fundraising follows shareholder approval at a General Meeting held Thursday, according to the company’s press release statement. The new shares will be admitted to trading on the Main Market of the London Stock Exchange (LON:LSEG) after publication of a secondary prospectus approved by the Financial Conduct Authority.
Following the transaction, Cel AI’s total issued ordinary share capital will comprise 5.75 billion shares, with each share carrying one vote.
The company, which describes itself as having a strategic Bitcoin treasury focus, reported its current Bitcoin holdings stand at 5.28 BTC. This aligns with what the company calls its "dual-engine model" that combines AI agent deployment with Bitcoin treasury growth.
"The completion of this £10 million fundraising is a major milestone for Cel AI as we scale decentralised AI infrastructure and strengthen our digital asset reserves," said Olivia Edwards, Executive Chair of Cel AI, in the statement.
The company indicated the capital will extend its operational capacity, referencing a recent Bittensor subnet acquisition and Bitcoin purchases as examples of its strategy implementation.
Cel AI plans to apply for admission of the new shares to trading upon publication of the required prospectus.
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