Supply@Me Capital PLC - London-based inventory monetisation platform - Reports receipt of final tranche, worth USD2.2 million, of the on-demand convertible funding facility, worth USD5.2 million. Notes this facility was inked in March this year, with Nuburu Inc, a US-based technology company. Notes Supply@Me Founder & Chief Executive Alessandro Zamboni is executive chair of Nuburu. Read More
(Alliance News) - Supply@Me Capital PLC on Tuesday reported a narrowed interim loss, as it said it intends to apply for its share suspension to be lifted. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Supply@ME Capital PLC - London-based inventory monetisation platform - announces update in respect of the USD5.2 million on-demand convertible funding facility signed in March with Nuburu Inc, a US-listed company of which Alessandro Zamboni, a director of the company, is executive chair. Says no further amounts have been received from Nuburu since May 1. Further, the fourth tranche of USD1,000,000 due on or before May 31 has also currently not been received. Company says Nuburu is finalising the necessary regulatory approvals to allow it to raise the required capital to complete its strategic investments, which include also the full payment of each instalment envisaged within the facility. Read More
(Alliance News) - Stock prices in London closed a mixture of higher and lower on Friday, as trade policy and geopolitical uncertainty continue and world leaders gather at the Munich Security Conference. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Names Bright Grahame Murray as the company's new auditor with immediate effect. Its previous auditor, Crowe UK LLP, resigned in September, citing "risks". Crowe resigned "having carried out a reassessment of the risks related to auditing the company and concluding that they were not willing to continue to act as auditors". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Updates regarding its current funding position, in particular with reference to the ongoing financing by The AvantGarde Group SpA, owned and controlled by Supply@Me Chief Executive Alessandro Zamboni. In 2023, Supply@Me entered a top-up unsecured shareholder loan agreement with TAG, under which TAG agreed to provide a shareholder loan facility of up to GBP3.5 million to December 2025. To date, Supply@Me has issued draw down notices of just over GBP2.0 million but, to date, has not received the amounts from TAG, meaning the full amount remains due. TAG has advised the company it is scheduled to meet with its external advisors and courts to confirm that the outstanding contractual funding commitments can be met. As a result, and given the cash flow pressure the group is currently experiencing, the board is actively exploring alternative funding options. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Shares plummet by more than 40% as Crowe UK LLP resigns as auditors, citing "risks". Supply@Me says Crowe resigns "having carried out a reassessment of the risks related to auditing the company and concluding that they were not willing to continue to act as auditors". Supply@Me provides no other details but says it is "actively working" to find a new auditor for its 2024 accounts. For 2023, Supply@Me reported a pretax loss of GBP4.2 million, narrowed from GBP7.7 million in 2022, as revenue rose to GBP158,000 from GBP138,000. Read More
(Alliance News) - Supply@Me Capital PLC on Tuesday celebrated progress towards a strategic alliance with p-Chip Corp, after signing a memorandum of understanding with the firm. 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) - Supply@Me Capital PLC on Wednesday reported a narrowed annual loss and higher revenue. Read More
Supply@Me Capital PLC - London-based fintech firm providing inventory monetisation solutions - Signs agreement with Societe Financiere Europeenne SA, a Lugano, Italy-based banking group, to jointly deploy an inventory monetisation programme of up to EUR135 million. The programme will be deployed over multiple tranches of around EUR35 million each, and SYME says the funding will be used to finance IM transactions for Italian companies in its pipeline. SYME says the programme is expected to generate revenue equal to approximately 1% to 3% of the gross value of the inventories monetised. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: 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) - Supply@Me Capital PLC on Wednesday said it has secured funding from Banco BPM Spa to fund an initial inventory monetisation transaction with a value of up to EUR10 million. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News: Read More