Ilika plc (LON: IKA), an independent global expert in solid-state battery technology, has announced that it has appointed Cavendish Capital Markets Limited as Nominated Adviser and Sole Broker with immediate effect.
Ilika appoints Cavendish Capital Markets as Nominated Adviser and Sole Broker
- Written by: Amilia Stone
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Ilika reported results for the year ended 30 April 2025. The group advanced transfer of Stereax miniature solid state battery manufacturing to Cirtec in the US and validated Goliath EV prototypes, including scale up work at UKBIC.
Ilika will receive £1.25 million from the APC Demonstrate fund to produce its first Goliath A-Sample solid-state batteries in a 12-month PRIMED programme with HSSMI and UKBIC, starting 1 August 2025.
Ilika plc announces the conclusion of its oversubscribed Retail Offer, raising £0.9 million and increasing gross proceeds to approximately £4.2 million.
Ilika Plc has successfully closed its accelerated bookbuild, raising approximately £3.3 million to enhance solid-state battery technology and commercial growth.
Ilika Plc, a leader in solid-state battery technology, plans to raise approximately £3.0 million through a new share placing and a retail offer for shareholders.
Ilika plc has confirmed its P1 Goliath solid-state battery prototypes meet specifications, showcasing significant progress in testing and commercial viability.
