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FlexBase Group
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Invinity Energy stock (IES): £25m fundraising, 40% fall and dilution explained
Invinity Energy Systems has secured conditional commitments for £25 million, including substantial backing from the United Kingdom's National Wealth Fund. Yet its shares plunged after trading resumed, exposing the tension between a discounted equity issue, shareholder dilution and the company's ambitions to commercialise vanadium flow batteries.