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The latest update is out from NetScientific ( (GB:EMVC) ).
EMV Capital plc announced the completion of the first closing of Q-bot Limited’s £1.3 million fundraising program, with a significant investment value of £0.63 million. This fundraise, led by EMV Capital Partners, includes convertible loan agreements and advance subscription agreements, with EMV Capital investing directly through a convertible loan agreement. The terms allow for conversion into equity at a discount, enhancing EMV’s strategic positioning and potential future value. The issuance of Consideration Shares, trading at a premium, will increase the company’s share capital, impacting shareholder voting rights and disclosure obligations.
More about NetScientific
EMV Capital plc, formerly NetScientific plc, is a venture capital investment group specializing in deep tech and life sciences. The company focuses on investing in early-stage, high-growth companies with innovative intellectual property, aiming to generate superior returns. With a proactive management approach, EMV Capital holds both direct equity stakes and carried interests to support and advance its portfolio companies to critical value inflection points.
YTD Price Performance: -19.83%
Average Trading Volume: 39,394
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.16M
For a thorough assessment of EMVC stock, go to TipRanks’ Stock Analysis page.
