(Alliance News) - Seed Innovations Ltd on Wednesday said the unit holders of portfolio company Fralis LLC - which trades as Leap - have agreed to sell Leap to an existing unit holder IMG Arena US LLC, based on an enterprise value of EUR14 million. Read More
(Alliance News) - Stocks in London were set to start flat on Wednesday, as weak economic data from China pointed to a "deep malaise" in the global economy, though this was offset by news that Asia's largest economy will loosen its strict zero-Covid measures. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Seed Innovations Ltd on Friday said that its portfolio company, Little Green Pharma Ltd, has signed a second deal worth EUR3 million over two years to supply bulk medicinal cannabis from Denmark to Germany. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Seed Innovations Ltd on Tuesday said that its wholly-owned subsidiary, Little Green Pharma Ltd, has signed a deal potentially worth more than EUR3.0 million over two years to supply bulk medicinal cannabis from Denmark to Germany. Read More
Seed Innovations Ltd - Guernsey based wellness and life sciences company - Announces its portfolio company Eurox Pharma GmbH has changed its name to Avextra Pharma GmbH. The name change emphasises Avextra's "clear focus on the highest quality cannabis extracts and its commitment to the development of evidence-based cannabis medicines." Avextra provides Seed with direct access to German, the largest cannabis market in Europe. Read More
(Alliance News) - Seed Innovations Ltd on Monday said it has invested a further GBP50,000 in South West Brands Ltd, following the listing of its products at a UK high street retailer and online. Read More
Agronomics Ltd - Isle of Man, UK-based cellular agriculture company - Leads GBP1.7 million seed financing of cellular agriculture firm Clean Food Ltd with a GBP577,500 investment to subscribe for 5.8 million shares, bringing its total holdings to 35%, worth GBP3.8 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Says investee Little Green Pharma Ltd has signed a two-year medicinal cannabis supply deal with Ilios Sante GmbH, worth AUD2.0 million. Ilios Sante is a German-based licensed pharmaceutical wholesaler and subsidiary of the Bloomwell Group, a European medical cannabis healthcare company. Seed says the deal involves a non-exclusive LGP white label medicinal cannabis product. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Provides a EUR250,000 term loan to portfolio company Fralis LLC which trades as Leap Gaming. Fralis is an Israel-based developer of 3D gaming applications. Companies agree the loan will be drawn down in tranches. Seed explains that the loan will be used for working capital purposes as Fralis advances towards a liquidity events through an initial public offer or reverse takeover transaction. These are anticipated in late 2022, it adds. Read More
(Alliance News) - Seed Innovations Ltd said on Thursday its investee company Little Green Pharma Ltd signed a contract with Four 20 Pharma for exclusive supply of a new high-THC strain into Germany. Read More
Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - Notes an announcement from investee Yooma Wellness Inc made on Tuesday regarding a delay in its annual filings. Yooma said it was unable to file its financial statements for 2021 due to unexpected delays to its audit. As a result, Yooma expects to be issued with a failure-to-file cease trade order by the Ontario Securities Commission. Read More
Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - Notes investee Little Green Pharma Ltd report for the first quarter, with revenue increasing 30% to USD3.2 million, and cash receipts doubled year-on-year. Expects LGP sales to grow in the quarters to come. Seed Innovations holds a 3.1% stake in LGP. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - says its portfolio company Eurox Group raised a total of EUR4.4 million from new and existing investors through subscriptions in a new capital raise. Notes that the Bensheim, Germany-based medical cannabis company is now well-placed for the development of its Portuguese facility and further acceleration of product development. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More