Vela Technologies #VELA – IAmFire #FIRE option over £3.75m of CLNS in Investee Company WeShop & Update July 6, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

1.         Option to Subscribe for Convertible Loan Notes of WeShop Holdings Limited  (“WeShop”) IamFire plc is pleased to announce that it has acquired an option to subscribe for up to £3,750,000 in Convertible Loan Notes (CLNs) of WeShop Holdings Ltd (“Option”) from Community Social Investment Limited (formerly WeShop Limited).  IamFire has paid a consideration of £250,000 to acquire the right to subscribe for the CLNs.  The option to invest in to these CLNs was part of…

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