01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA Vela Technologies PLC – Quarterly Investment Update September 27, 2023 – 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, is pleased to report an update for the quarter ended 30 June 2023. Executive Director, James Normand, commented: “Market valuations of Vela’s listed investee companies remain, like so many others in the small- and micro-cap sector, well below the valuations that one would expect to be applied in ‘normal’ stock market times. The directors of Vela believe, however,…

Continue reading

#VELA Vela Technologies PLC – Update re. Economic Interest in AZD1656 September 7, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement on 15 August 2023, the Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes that Murphy Canyon Acquisition Corp. (NASDAQ: MURF) (“Murphy”) has recently announced that the special meeting of stockholders to approve, amongst other things, its initial business combination with Conduit Pharmaceuticals Limited has been postponed and will now be held on 13 September 2023.   This meeting presents an…

Continue reading

#VELA Technologies PLC investee co #TRYB Tribe Tech PLC – Update on investment in Tribe Technology Group September 5, 2023 – Posted in: Uncategorized

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes the admission to AIM and first day of dealings announcement made today by Tribe Technology PLC (“Tribe Tech”).   As announced on 23 May 2023, Vela invested £250,000 in Tribe Technology Group Limited, a subsidiary of Tribe Tech, via a subscription to an advance subscription agreement (“ASA”) as part of a pre-IPO funding round. Pursuant to…

Continue reading

#VELA Vela Technologies PLC – Update re. Economic Interest in AZD1656 August 15, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement on 15 May 2023, the Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes that Murphy Canyon Acquisition Corp. (NASDAQ: MURF) (“Murphy”) has now received a notice of effectiveness from the United States Securities and Exchange Commission (“SEC”) which can be found here: https://www.sec.gov/Archives/edgar/data/1896212/999999999523002356/xslEFFECTX01/primary_doc.xml.   As such, Murphy has formally notified its current shareholders that a special meeting will be held…

Continue reading

#VELA Vela Technologies PLC – Investment in Ethernity Networks Ltd January 20, 2023 – Posted in: 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, announces that the Company has invested £49,000 in Ethernity Networks Ltd (“Ethernity”) through the purchase of 700,000 ordinary shares. The investment has been made as part of a £1.55 million placing undertaken by Ethernity, details of which were announced by Ethernity on 17 January 2023. Further information on Ethernity Ethernity is a leading provider of networking…

Continue reading