#VELA investee co. #ENSI EnSilica PLC – Proposed equity fundraising via ABB May 24, 2024 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), today announces its intention to conduct a fundraising to raise gross proceeds of at least £4.3 million through (i) a placing (the “Placing”) of a minimum of 8,644,642 new ordinary shares (“Placing Shares”) of 0.1p each in the capital of the Company (“Ordinary Shares”) to new and existing institutional investors (“Placees”) at an issue price of 45 pence per new Ordinary Share (the “Issue Price”) and…

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