Supply@Me achieves first Inventory Monetisation transaction
12th Sep 2022 10:29
(Alliance News) - Supply@Me Capital PLC on Monday confirmed the success of its first transaction for its Inventory Monetisation product. Read More
(Alliance News) - Supply@Me Capital PLC on Monday confirmed the success of its first transaction for its Inventory Monetisation product. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Raises GBP320,885 gross in open offer of 641.7 million shares, and issues 320.9 million open offer warrants. Receives application under excess application facility for 5.3 billion excess shares, which it will scale back pro-rata. Firm's share capital will comprise 42.99 billion shares after the new shares are issued. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Says its client company has signed a binding commitment to carry out its first inventory monetisation transaction. The inventory monetisation solution helps manufacturing and trading businesses generate cash flow, it adds. Read More
(Alliance News) - The following is a round-up of earnings 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 share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Supply@Me Capital PLC on Friday said it intends to raise GBP320,855 through an open offer, as part of its "capital enhancement plan". Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Issues third tranche of shares under equity funding facility with Venus Capital SA, with GBP675,000 raised in issue of 1.4 million shares at 0.05 each pence. Will issue Venus one warrant for every two shares in the tranche, for a total of 5.6 million warrants over the three tranches. Warrants are exercisable at 0.065p until December 31 2025. The facility is part of the firm's capital enhancement plan. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Signs a strategic alliance with the VeChain Foundation, a blockchain enterprise service provider, to provide up to USD10 million of funding for its first inventory monetisation transactions. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Supply@Me Capital PLC shares soared on Thursday after the company confirmed its successful debut of a Middle Eastern partnership. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Appoints Albert Ganyushin as a director and independent non-executive chair from the conclusion of its annual general meeting at the end of June. He will succeed James Coyle who stepped down in March. 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
Supply@ME Capital PLC - London-based inventory monetisation platform - Issues second tranche of new shares under equity funding facility with Venus Capital SA. Consists of 550.0 million new shares issued at a price of 0.05 pence per share, raising gross proceedings of GBP275,000. Total share capital on admission of new shares will be 40.79 billion. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Plans to raise an initial GBP7.5 million via a discounted equity agreement which will be used to repay some of its outstanding loan notes. Company has agreed to issue shares to Luxembourg investment company Venus Capital SA in exchange for cash, which will be drawn down in a number of tranches up to December 31, 2023. The shares will be issued at 0.05 pence each, half of it closing price of 0.10p on Tuesday. Company will also enable its existing shareholders to participate in an open offer in order to offer existing shareholders the ability to acquire shares and warrants at the same subscription price as Venus Capital's capital raise mandatory tranches. Funds will be used to repay GBP678,333 of outstanding convertible loan notes and to repay the balance of the outstanding loan note instrument to Mercator Capital Management Fund LP. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Receives conversion notice from Mercator Capital Management Fund LP for the outstanding GBP178,333 in convertible loan notes. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Announces that TradeFlow Capital Management, a Singapore-based FinTech-powered commodities trade enabler and subsidiary of Supply@Me, has listed its four-year senior note on Smat, a Swiss wealth management investment platform. Read More
Supply@Me Capital PLC - London-based inventory monetisation platform - Jim Coyle resigns immediately as non-executive chair, having been in the job only since the end of October. Coyle had replaced Dominic White, who had stepped down in July. Coyle is leaving "for personal reasons, which will allow him to better balance existing time obligations across his extensive portfolio of non-executive roles", Supply@Me says. The company is seeking a permanent, long-term successor as chair and will appoint one of its existing non-executive directors to chair meetings in the interim. Once the first transactions from its white label and inventory monetisation initiatives are complete, Supply@Me expects an increase in business volume, which would have required a higher level of commitment from Coyle. Read More