Client News

Fragrant Prosperity Holdings Limited: Update on Intended Acquisition
Home / Client News / Fragrant Prosperity Holdings Limited: Update on Intended Acquisition

CiiTECH completes £2.1 million capital raise via an issue of convertible loan notes ahead of Reverse Takeover

Further to its statement on 24 May 2021, the Company is delighted to announce that CiiTECH Limited, (“CiiTECH”) has successfully raised £2.1 million through the issue of Convertible Loan Notes, (the “CLNs”) to FastForward Innovations Ltd, (AIM: FFWD) and other investors, including professional family offices and ultra-high-net-worth individuals.

The capital will be used to fund CiiTECH’s marketing strategy, invest in new talent, build essential operational infrastructure to support future growth and finance the planned reverse takeover of the Company, (the “RTO” or “Intended Acquisition”).


If you are interested in opening an account with Optiva Securities, please fill in the details on the apply button.


Please ensure that the information you entered is accurate, and that your “Caps Lock” key is set correctly.

Share This