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Nomad Compute Raises c.£3.125 million with Fortified Securities as Sole Broker

  • 13 minutes ago
  • 1 min read

Fortified Securities is pleased to have arranged and led the conditional placing of Nomad Compute PLC (AQSE: NMD), raising gross proceeds of c.£3.125 million through the issue of 2,499,452,000 new Ordinary Shares at 0.125 pence per share (the “Placing”).

The Placing supports Nomad Compute's strategic repositioning into the development and operation of modular, containerised edge AI compute infrastructure for global enterprise and sovereign markets.

Use of Proceeds:

  • Hiring of a senior technical team

  • Securing of OEM hardware allocations

  • Development of Nomad's first proof of concept deployment

  • Additional working capital runway

Subject to the passing of the Resolutions at the General Meeting on 5 June 2026, Admission of the Placing shares to the Aquis Stock Exchange Growth Market is expected on 8 June 2026.

With the appointment of Jonathan Bixby as Executive Chairman and a clear strategic pivot to edge AI infrastructure, Nomad Compute is positioning itself at the forefront of artificial intelligence and decentralised compute.





 
 
 

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