Quixant plc has raised US$40 million
Quixant plc, a qualifying company for EIS (enterprise investment scheme) and VCT (venture capital trust) purposes, has raised approximately US$6 million through an oversubscribed placing from investors on its admission to AIM and will start trading on the AIM market with an initial market capitalization of about US$47 million.
Quixant is engaged in the development and supply of innovative gaming platform and monitor solutions exclusively to the global gaming industry. Based in the UK and listed on the London Stock Exchange, Quixant currently has operations in Australia, Germany, Italy, Japan, USA and Taiwan and supplies to gaming machine manufacturers in every region globally.
Oaklins Smith & Williamson, based in the UK, acted as the Nominated Advisor and Broker to Quixant in this transaction.
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