Alteration Earth1 Jul 2022 11:09
Alteration Earth
Today Alteration Earth listed on the Main Market.
Alteration Earth PLC, a UK company established as a special purpose acquisition company to seek and acquire businesses in the clean technology and/or clean energy sector, is pleased to announce that its ordinary shares of £0.003 each (the "Ordinary Shares") have been admitted to the Standard Segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). The Company completed a successful seed and subscription funding round raising gross proceeds of £1,260,000 before expenses (the "Subscription"). On Admission, the Subscription became unconditional in all respects.
We invested £350,000 in October 2021. There was a Seed Round Investment for 2.5 million shares @ £0.04p and a Subscription Round Investment for 2.5 million shares @ £0.10p. We also have 1.8 million Warrants @ £0.001p
There was an initial Buy this morning @ £0.45p.
Primorus Investments Plc 5 million shares @ say £0.40p are worth £2 million, our current Market Capt is £5 million, and this one investment is worth about 40% of our Market Capt!
RKB
PS we already have more than £10 million assets before ALTE listed.