Member Info for tooldforthat

Bitcoin announcement tomorrow I would say

Yep £10m raised with the issue of 5billion shares

That's 5billion shares

This looks interesting, have put a buy order in for the morning, like it gold backing crypto.

Am expecting a lot of tr-1 announcements after this raise.

£7.5m is the minimum they are raising, so could be more than that, and the result of the book build is announced either tomorrow or Tuesday

Hmmmm!!!!

Additionally, Oak Securities shall be granted warrants to subscribe for new Ordinary Shares at the Issue Price, which are exercisable for a period of three years.

Looked after themselves here, haven't they.

Well they better do a damn good job at increasing shareholder value, they better work night and day for cel ai

Wouldn't be surprised if they have been forward selling already, knowing they are going to have shares to cover them.

They have even asked for their fees in shares

Surely it was nick and Matthew who started the negotiations for this fund raise.

Probably a precursory event for shareholders in other companies they are on the boards of

I truly can't put what I think of the guy.

Bring back guy goma aka (osa), at least he didn't do as much damage as this guy in such a short time.

Plus the £500k from the earlier fund raise, gives them £9m in total. They obviously have their eyes on something that needs almost £9m.

Oh, plus their solana, that's another £400k to add to the £9m.

They obviously presented something good to raise the amount they did, I would like to see what it was

I just hope the warrants they award are at a much higher price point

It is currently envisaged that the result of the Accelerated Bookbuild is expected to be announced by the Company at approximately 07:00 on 30 June 2025

So yes Monday morning announcement

So Monday morning you should get a announcement about BTC purchase

Plus another £1.25m from the subscription.

So £8.5m altogether

So if over subscribed, does that mean even more shares printed than the quoted, I take it the immediate buy of BTC is to make the share look more attractive to potential subscribers

£500,000 of the investment from OAK Securities will be advanced to the Company on or around the date of this announcement to enable an immediate acquisition of additional Bitcoin.

Barclays can't give a quote on these at the moment, for buy or sell

They have resigned, we have a new director

I don't think many off us understand the subnet, one of you kindly replied to my question the other day, but I was still non of the wiser, but if crypto guys understand it and they like it, that's fine by me, I will follow the money

What does this mean?

I thought with them owning solana, then they should have the systems in place to purchase bitc straight away