24th Jun 2025 07:14
Sundae Bar PLC - London-based developer of marketplace for AI agents - Launches retail share offer to raise about GBP500,000 to fund a bitcoin treasury. Sundae Bar is offering 4.5 million new shares at GBP0.11 per share through the Winterflood retail access platform. In an announcement after the London market close on Monday, the company says the offering is in response to strong retail interest following its AIM listing last month, in which which it raised GBP2.0 million. Sundae Bar says it wants to take advantage of the investor interest by raising additional funds to build a "cash buffer". Following other London listings, such as Smarter Web Co PLC, Sundae Bar says it has adopted a bitcoin treasury management policy, funded by the new equity raise. "As a technology company operating at the forefront of AI innovation, we believe that thoughtfully incorporating digital assets into our treasury function positions us advantageously for the future while preserving capital flexibility and operational resilience," explains Chief Executive Officer Jill Kenney. Read More
