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Mollyroe PLC - company focused on finding investment opportunities in spatial computing and intelligent natural interfaces - Provides Cascade Studio a convertible loan note for £150,000, which can be converted at Mollyroe’s option at a 20% discount to the valuation of the next founding right. Mollyroe has right-of-first-refusal to invest in Cascade Studio, which is a nascent company focused on creating ‘the go-to’ software-as-a-service platform for artificial intelligence-powered filmmaking and storytelling. Mollyroe Executive Director Paul Ryan says: ‘We have expended a significant amount of time researching potential opportunities in search of a company with a product that is game changing and supported by an experienced and proven management team. In Cascade we believe we found such an opportunity. We are truly excited at the prospect and look forward to updating the market of developments in due course.’ Current stock price: last publicly traded at 0.75 pence each on Wednesday on the Aquis Stock Exchange in London Copyright 2025 Alliance News Ltd. All Rights Reserved.
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