#VELA investee co. #ENSI EnSilica PLC – Placing to Raise £1.56m & New Business Update December 14, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), announces that it has conditionally raised approximately £1.56 million (before expenses) by way of a placing (the “Placing“) of a total of 3,892,500 new ordinary shares of 0.1p each in the Company (“Ordinary Shares”) at a price of 40 pence per new Ordinary Share (the “Issue Price”).   Subscribers in the Placing will receive one warrant for every one Ordinary Share subscribed…

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