Sure Ventures PLC Celebrates Landvault’s $450M Acquisition

Sure Ventures Plc (GB:SURE) has released an update.

Sure Ventures PLC has announced that its portfolio company, Landvault, will be acquired by Infinite Reality for $450 million in an all-share deal, marking a 470% increase on its initial value. The acquisition by iR, which is set for a Nasdaq listing through a SPAC merger, is expected to yield approximately $8.3 million for Sure Ventures PLC. This move signifies a substantial rise in the Sure Valley Ventures Fund’s net asset value, showcasing the potential for significant shareholder returns.

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