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Pin to quick picksAgronomics Share News (ANIC)

Share Price Information for Agronomics (ANIC)

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Share Price: 7.90
Bid: 7.80
Ask: 8.00
Change: -0.05 (-0.63%)
Spread: 0.20 (2.564%)
Open: 7.95
High: 8.10
Low: 7.90
Prev. Close: 7.95
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IN BRIEF: Agronomics Picks Up USD5 Million Promissory Note In BlueNalu

Thu, 19th Nov 2020 19:33

Agronomics Ltd - Isle of Man-based investment company focused on environmentally friendly food production - Purchases USD5 million convertible promissory note in cell-based seafood firm BlueNalu Inc.

In the event of a qualified financing, being a fundraise of USD50 million or more, the note will be converted into equity. Agronomics current holds 192,005 shares in BlueNalu, and will have an equity interest of 5.9% should the note be converted.

"Agronomics is delighted to be continuing its support for BlueNalu in their work on providing a sustainable solution to meeting the world's seafood demand. We are optimistic that advances by BlueNalu will be able to make a real difference in combating some of the current issues with the fishing and aquaculture industry," said Non-Executive Director Jim Mellon.

Current stock price: 6.30 pence

Year-to-date change: down 32%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Agronomics leads investment round into All G Food

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