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Share Price: 0.03

Bid: 0.025

Ask: 0.035

Change: 0.00 (0.00%)

Spread: 0.01 (40.00%)

Open: 0.03

High: 0.03

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IN BRIEF: Blue Star Capital raises GBP100,000 via new shares placing

Wed, 17th Jan 2024 18:13

Blue Star Capital PLC - Raises GBP100,000 via a placing of 100.0 million new shares at a price of 0.1 pence each, representing 2.0% of enlarged share capital. Says proceeds will be used for working capital purposes and will provide the company with working capital headroom until September. This is in line with its forecasted monthly cash burn rate and the anticipated disposal of the company's shareholding in SatoshiPay. Admission of new shares to trading on AIM is expected to occur on or around Monday next week.

Current stock price: 0.11 pence, down 3.5% in London on Wednesday

12-month change: down 31%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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Blue Star investee Dynasty raises $5m in latest round

(Sharecast News) - Esports and payment technology-focussed investment company Blue Star Capital updated the market on its investee company Dynasty eSports on Wednesday, reporting that Dynasty had completed its fundraising round, raising $5m (£3.59m) at a pre-money valuation of $45m.

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