Mirriad Advertising Secures £1.5 Million Through Share Placement

PUBLISHED: 14 May 2025 @ 18:18 | Comments (0) | More info about Fiona Craig

Mirriad Advertising PLC (LSE:MIRI) has successfully raised £1.5 million through an accelerated bookbuild, placing 15 billion ordinary shares with investors at a price of 0.01 pence per share. This fundraising initiative, subject to shareholder approval at an upcoming General Meeting, is aimed at strengthening the company’s working capital to support its operations in the virtual advertising industry.

About Mirriad Advertising

Mirriad Advertising PLC is a pioneer in virtual product placement and in-content advertising. The company utilizes its multi-patented platform to seamlessly insert products and brands into various forms of content such as television, SVOD/AVOD, music videos, and influencer content. With operations across the US, Europe, and India, Mirriad is creating new revenue opportunities for content owners while enhancing the viewer experience.

Average Trading Volume: 66,222,383 shares
Technical Sentiment Indicator: Strong Sell
Market Capitalization: £284,000

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