RE: APPIAN JOIN US HOLDS US$5 billion12 Dec 2025 08:18
After yesterday’s acquisition news, today’s update actually strengthens the picture rather than weakens it. The raise has been upsized to £1.2m, priced at 5.5p – a 22% premium to the July round, and is already ~90% committed, including board participation and existing major holders. That tells you demand is there and confidence is internal, not just promotional. On top of this, Appian’s ~$400k participation on completion further validates the Pereira Velho deal. Premium pricing, increased demand, insiders backing it, and strategic capital alongside the acquisition is exactly what you want to see at this stage. Hardly the behaviour of a company or shareholders lacking conviction.