KRM22 successfully raises US$1.3 million

KRM22 Plc has raised US$1.3 million through a placing of new shares to institutional shareholders.

KRM22 helps capital market companies reduce the cost and complexity of risk management. Its Global Risk Platform provides applications to help customers address their firm’s regulatory, market, technology and operations risk challenges and to manage their entire enterprise risk profile. KRM22 is a public group listed on AIM and headquartered in London, with offices in several of the world’s major financial centers.

Oaklins Cavendish’s sister firm finnCap, based in the UK, in its role as nomad and broker, advised KRM22 on its successful placing of US$1.3 million. During this process, the team initiated and advised on many aspects, including, among others, securing pre-commitments from cornerstone investors, deal structuring and the pricing and sizing.