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…

Vela Technologies #VELA – Investee company MTI Wireless Edge #MWE announces new contract wins June 29, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its Distribution & Professional Consulting Services division has secured two orders totaling US$0.85 million, to be delivered in 2022. The two orders were won by P.S.K. WIND Technologies Ltd (“PSK”). The Group acquired 51% of PSK in January 2022. PSK specialises in the development, manufacture and integration of communication systems…

Vela Technologies #VELA – Investee company Mode Plc #MODE reports full year 2021 financial results June 28, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

London, June 27, 2022 – Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, has today released its full year financial results for 2021. The firm entered 2021 with a clear focus on building and enhancing its product set, whilst also increasing its user base, which it achieved successfully. Users grew by 261% over the 12 months, with 70% of trading customers being repeat buyers. Trading volume increased by 732% compared to the same…

Vela Technologies #VELA Investee Company EnSilica #ENSI strengthens global ASIC sales network June 22, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has appointed a new Vice President of Worldwide Sales and has entered into non-exclusive Sales Representative Agreements with Quantum Leap Solutions Inc (“QLS”), covering the North America region, and Cedar Technologies Limited (“Cedar Technologies”) covering the UK, Nordic regions and Poland. Appointment of a new Vice President of Worldwide Sales The Company is pleased to announce…

Vela Technologies #VELA – Investee Company Skillcast #SKL AGM Statement – Posted in: Blog, Vela Technologies Plc (VELA)

Skillcast Group plc, the provider of content and technology for digital compliance transformation, announces that at the Company’s Annual General Meeting (“AGM”), being held today at 1pm at the Company’s registered office at 80 Leadenhall Street, London, EC3A 3DH, Richard Amos, Chairman, will provide the following update: “We are pleased to report continuing growth in our revenues and client base and continue to trade in line with expectations. Both subscription revenues from our SaaS* products,…

Vela Technologies #VELA – Investee Company Ensilica #ENSI Launches Automotive Vehicle with EnSilica’s ASIC June 21, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that alongside its strategic partner, RoodMicrotec N.V., a leading independent company for semiconductors testing and quality services, the Company has successfully brought a mixed signal automotive ASIC to commercial production following the official launch of a new flagship vehicle by a premium automotive company. The ASIC provides key differentiating features in the chassis control of the vehicle. As…

Vela Technologies #VELA – Further update re TruSpine Technologies June 14, 2022 – Posted in: Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA) has become aware that the announcement that it made at 7.00 a.m. on Tuesday 14 June 2022 has been misinterpreted in some quarters and is therefore issuing this further update. The earlier announcement stated that a placing letter had been signed on behalf of Vela without the authority of the Vela Board. Vela wishes to clarify that the broker referred to in the announcement as ‘the Company’s own broker’ was…

Vela Technologies #VELA – Statement re. potential investment in TruSpine – 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, announces that, on Friday 10 June 2022, the Company became aware of a subscription for £300,000 of ordinary shares in TruSpine Technologies plc (“TruSpine”) seemingly made on its behalf as part of a placing announced by TruSpine on 31 May 2022 (the “Placing”), for which admission to trading of the ordinary shares issued in the Placing to the…

VELA TECHNOLOGIES #VELA INVESTEE COMPANY – ENSILICA #ENSI – ADMISSION TO AIM AND FIRST DAY OF DEALINGS May 24, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading designer and supplier of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce the admission of its Ordinary Shares to trading on the AIM market of the London Stock Exchange. Dealings commenced at 8.00am today, Tuesday 24 May 2022, under the ticker “ENSI”. EnSilica provides an end-to-end service for the design and supply of mixed signal ASICs, outsourcing certain elements such as the wafer fabrication of the manufacturing and packaging…

VELA TECHNOLOGIES #VELA INVESTEE COMPANY – ENSILICA – PLACING AND PROPOSED ADMISSION TO TRADING ON AIM May 19, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica, a leading designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit), is pleased to announce its proposed admission to trading on the AIM market of the London Stock Exchange. Dealings on AIM are expected to commence at 8.00 a.m. on 24 May 2022, under the ticker ENSI and ISIN GB00BN7F1618 (“Admission”). Allenby Capital is acting as Nominated Adviser and Sole Broker to the Company and the placing. In connection with Admission, EnSilica has raised…

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