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Share Price: 2.25

Bid: 2.10

Ask: 2.40

Change: 0.05 (2.27%)

Spread: 0.30 (14.286%)

Open: 2.20

High: 2.30

Low: 2.20

Prev. Close: 2.20

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IN BRIEF: Seed Innovations gives EUR250,000 loan to portfolio company

Wed, 08th Jun 2022 17:44

Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Provides a EUR250,000 term loan to portfolio company Fralis LLC which trades as Leap Gaming. Fralis is an Israel-based developer of 3D gaming applications. Companies agree the loan will be drawn down in tranches. Seed explains that the loan will be used for working capital purposes as Fralis advances towards a liquidity events through an initial public offer or reverse takeover transaction. These are anticipated in late 2022, it adds.

Current stock price: 5.40 pence

12-month change: down 31%

By Heather Rydings; heatherrydings@alliancenews.com

More News

18 Feb 2022 21:22

IN BRIEF: Seed Innovations' Little Green wins tender for shipment

Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - Notes that Little Green Pharma Ltd, in which Seed holds a 3.1% stake, has won an Italian government tender of EUR200,000 for the delivery of an EU GMP medicinal cannabis flower medicines into Italy.

13 Jan 2022 19:36

TRADING UPDATES: Ideagen profit soars; Enwell annual production up

12 Jan 2022 20:24

TRADING UPDATES: DMGT takeover progresses; Pantheon receives permits

7 Dec 2021 21:49

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record

23 Nov 2021 20:27

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

22 Nov 2021 20:19

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

6 Oct 2021 06:34

IN BRIEF: Seed Innovations notes Yooma acquisition in Japan

4 Oct 2021 20:24

IN BRIEF: Seed Innovations makes further South West Brands investment

4 Oct 2021 12:48

Seed puts another £0.15m into London-based cannabidiol developer

(Sharecast News) - Medicinal cannabis-focussed investor Seed Innovations has invested a further £0.15m in South West Brands (SWB), it announced on Monday, which it described as a London-based company seeking to establish itself as a multi-brand consumer goods group developed specifically for the cannabidiol (CBD) industry.

20 Sep 2021 21:59

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Seed Innov Share News (SEED)

Share Price Information for Seed Innov (SEED)

IN BRIEF: Seed Innovations gives EUR250,000 loan to portfolio company

IN BRIEF: Seed Innovations' Little Green wins tender for shipment

TRADING UPDATES: Ideagen profit soars; Enwell annual production up

TRADING UPDATES: DMGT takeover progresses; Pantheon receives permits

EARNINGS UPDATES: Carr's beats expectations; Premier assets hit record

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

IN BRIEF: Seed Innovations notes Yooma acquisition in Japan

IN BRIEF: Seed Innovations makes further South West Brands investment

Seed puts another £0.15m into London-based cannabidiol developer

TRADING UPDATES: Tritax EuroBox ups placing; Agronomics backs Vitro

IN BRIEF: Seed Innovations investee Inveniam buys Factom assets

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Victoria growth continues; Renew to beat consensus

TRADING UPDATES: Power Metal hits "bullseye"; Instem makes acquisition

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Seed Innov Share News (SEED)

Share Price Information for Seed Innov (SEED)

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IN BRIEF: Seed Innovations gives EUR250,000 loan to portfolio company

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