|
Coinsilium Group Ltd on Thursday said it raised £2.8 million from a share placing with institutional investors via an accelerated bookbuild. Shares in Coinsilium, listed on the Aquis Stock Exchange, were down 7.1% to 19.50 pence on Thursday afternoon in London. The company has a market capitalisation of £72.5 million. The Gibraltar-based blockchain investment firm said the placing was conducted via Peterhouse Capital Ltd, SI Capital Ltd, and Oak Securities. It issued 15.5 million new shares at 18 pence each, a 10% discount to Wednesday’s close. In launching the equity offer on Wednesday, Coinsilium said the money will be used for ‘Forza!’, the company’s Gibraltar-registered bitcoin treasury strategy subsidiary. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|