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IN BRIEF: Clarify Pharma to change name to File Forge Technology

17th Apr 2024 14:39

Clarify Pharma PLC - Provider of Filecoin staking nodes - The company, which was an investment vehicle specialising in biotech and life sciences companies, will rename itself to File Forge Technology PLC as it shifts its focus to being a provider of Filecoin staking nodes. "Filecoin is a decentralised storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token, which miners earn by providing storage to clients," Clarify explains. Clarify divests its publicly listed investments in Atai Life Sciences Inc and Compass Pathways PLC but keeps its stake in Beckley Psytech Ld. The company highlights that it is now an operating company. Clarify's name change to File Forge will be effective once companies house issued a certificate of incorporation on change of name.

Current stock price: 0.10 pence each, last traded on Monday on the AQSE in London

12-month change: down 88%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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