Acuity RM Group settles supplier invoices with new equity

Acuity RM Group plc (AIM: ACRM), a software group specializing in cybersecurity risk management, has announced its intention to settle outstanding supplier invoices totaling £24,011 through the issuance of new ordinary shares. The company confirmed on Tuesday that 3,193,919 new ordinary shares will be issued for this purpose.

The equity issuance involves two price points for the new shares. A total of 1,127,252 shares are being issued at a price of 0.7550 pence per share, representing the average of the daily closing share prices during April 2026. An additional 2,066,667 shares are being issued at 0.7500 pence per share, reflecting the price of a recent equity fundraising the company conducted.

This move allows Acuity RM Group to conserve its cash reserves while continuing to meet its financial obligations to suppliers. Such transactions are often used by companies to manage liquidity and maintain operational continuity without drawing down on cash balances.

The company's focus remains on delivering its cybersecurity risk management solutions. By utilizing equity for this settlement, Acuity RM Group aims to strengthen its financial position and support its ongoing business operations and growth strategies within the cybersecurity sector.