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Streaks Gaming Plc ( (GB:SATS) ) has issued an announcement.
Satsuma Technology PLC announced the exercise of warrants by several entities, resulting in the issuance of 36,000,000 new ordinary shares. This move, involving key figures like Matt Lodge and Darcy Taylor, increases the company’s total issued share capital to 527,800,200 shares. The exercise of warrants is expected to enhance Satsuma’s market positioning by expanding its share capital, potentially impacting shareholder interests and the company’s strategic financial management.
More about Streaks Gaming Plc
Satsuma Technology PLC is a publicly listed technology company based in London, focusing on decentralized finance and artificial intelligence, particularly in Bitcoin treasury management. The company is dedicated to building and investing in AI-based decentralized infrastructure and applications, aligning itself with Bitcoin’s secure monetary network.
Average Trading Volume: 6,208,197
Technical Sentiment Signal: Buy
Current Market Cap: £25.08M
For a thorough assessment of SATS stock, go to TipRanks’ Stock Analysis page.