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Acceler8 Ventures Proposes Convertible Loan Note Issuance for Acquisition

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Acceler8 Ventures Proposes Convertible Loan Note Issuance for Acquisition

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Acceler8 Ventures Plc ( (GB:AC8) ) has provided an update.

Acceler8 Ventures Plc, a Main Market listed acquisition company, has announced plans to issue unsecured convertible loan notes to raise up to £750,000. The proceeds will support the acquisition of Verifyyed, Inc., with notes converting to company shares upon acquisition completion or within three years, highlighting the company’s strategic financial maneuvers.

More about Acceler8 Ventures Plc

Acceler8 Ventures Plc is a Main Market listed acquisition company.

YTD Price Performance: 0.0%

Average Trading Volume: 3,691

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £750K

For detailed information about AC8 stock, go to TipRanks’ Stock Analysis page.

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