Shares in sports and fitness data analysis provider 4Global (LON: 4GBL) jumped ahead of the AIM cancellation on 7 July. The shares will be traded on the JP Jenkins matched bargain market. The share price jumped 104.6% to 22.5p.
On Thursday afternoon, it was announced that IT managed services provider Tiales Essential IT (LON: TIA) has taken a 10.6% stake in IT services provider CloudCoCo (LON: CLCO). The stake was previously held by MXC Capital. CloudCoCo has sold part of its business and improved its balance sheet. It has also reduced costs in order to move towards profit. The CloudCoCo share price rebounded 8.77% to 0.31p. The Tiales Essential share price is unchanged at 64p.
Graphene technology developer Versarien (LON: VRS) has extended its manufacturing licence agreement with Montana Quimica, which allows it to use Polygrene compounds in products sold in South America. Versarien will receive £25,000 and there is a further £25,000 when manufacturing starts and then 5% of sales revenues from those products. These payments are in addition to previous ones. The share price increased 11.5% to 0.0145p.
Excess inventory retailer Huddled (LON: HUD) has done a deal with THG Ingenuity to use its fulfilment centres, which will enable additional growth. Huddled is raising £1.5m at 3.2p/share. Management previously said it did not need more cash, but it believe it is the right time to acquire stock and increase marketing. Michael Ahley has been appointed chief executive. The share price improved 7.81% to 3.45p.
AFC Energy (LON: AFC) has announced a joint venture with Industrial Chemicals Goup to secure a low-cost supply of hydrogen produced from ammonia. Industrial Chemicals will procure the ammonia, and the joint venture will acquire technology from AFC Energy. The share price rose 6.28% to 16.58p.
FALLERS
Security technology company Thruvision (LON: THRU) plans to raise at least £2.5m via a placing at 1p/share and a retail offer could raise up to £250,000. The retail offer closes on 7 July. The share price slipped 14.3% to 1.2p.
Synthetic binders developer Aptamer (LON: APTA) is raising £2m at 0.3p/share. This will accelerate the commercialisation of Optimer technology. The stronger balance sheet will help with negotiations over licences. Manufacturing will be done in-house. A new service is being launched to offer biomarker identification. Some of the cash will fund the validation of the molecular target to deliver siRNA to hepatic stellate cells (HSCs) in liver fibrosis. The share price slipped 2.63% to 0.37p.
Oil and gas company Enwell Energy (LON: ENW) is continuing to try to resolve the regulatory issues that have suspended production at the licences in the Ukraine. The licences generated more than $30m in free cash flow in 2024. There is still $100.7m at the end of June 2025. No revenues are forecast for this year and cash could fall to $98.4m at the end of 2025. The share price fell 2.78% to 17.5p.