#VELA Vela Technologies PLC – Update re. investment in EnSilica December 6, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, today provides an update on its investment in EnSilica plc (“EnSilica”). Between 24 May 2022 and 2 December 2022 the Company sold a total of 568,653 shares in EnSilica at an average price of 61p per share generating aggregate net proceeds of £349,469 for the Company (“the Disposal”). The Disposal is expected to generate a realised gain…

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#VELA Vela Technologies plc- Investee Co. #FIRE IamFire plc- WeShop Update November 21, 2022 – Posted in: Vela Technologies Plc (VELA)

IamFire is pleased to share the following update received from WeShop Holdings Limited regarding performance figures since the soft launch of the WeShop platform and initial rollout of influencer campaigns. “WeShop is pleased to report the following highlights for the months of July and August 2022 since the soft launch of the platform in the United Kingdom. Highlights —  User downloads as at 19 November 2022 were 43,000, up from 23,000 on 1 September 2022 —  Annualised gross…

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#VELA Vela Technologies – Investee Company #CSFS Cornerstone FS PLC – CLN, Issue of Equity, Strategic Partnership, TVR September 29, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Statement re Convertible Loan Facility, Issue of Equity and Strategic Partnership Further to the Company’s announcement of 4 March 2022 announcing the variation of terms attached to the Convertible Loan note between the Company and Mr. William Newton (“BN”), Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that on 28 September 2022 BN assigned to Atlantic Partners Asia (“APA”), a strategic partner…

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