tiprankstipranks
Seraphim Space Trust Sells Early-Stage Portfolio
Company Announcements

Seraphim Space Trust Sells Early-Stage Portfolio

Seraphim Space Investment Trust Plc (GB:SSIT) has released an update.

Don't Miss Our Christmas Offers:

Seraphim Space Investment Trust PLC has sold its interest in nine early-stage SpaceTech companies to a new private venture capital fund, Seraphim Space Ventures II LP, for £3.8 million. The transaction provides SSIT an interest in the Venture Fund and will not require further commitments, management fees, or carried interest. This strategic move allows SSIT to focus on growth-stage opportunities while maintaining exposure to an expanding portfolio of SpaceTech startups.

For further insights into GB:SSIT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskSeraphim Space Trust Sees Portfolio Shift Amid Growth
TipRanks UK Auto-Generated NewsdeskSeraphim Space Investment Trust Reports Strong AGM Results
TipRanks UK Auto-Generated NewsdeskSeraphim Space Trust Sees Portfolio Growth Amid Challenges
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App