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The latest update is out from Thalassa Holdings ( (GB:THAL) ).
Thalassa Holdings Ltd has announced a proposed equity placing to raise capital in anticipation of market opportunities arising from expected financial dislocations in the US, UK, and European markets. The placing will be conducted through a Dutch Auction, targeting financial institutions and existing shareholders, with the aim of completing the auction process by mid-December 2024, conditional upon FCA approval of a prospectus.
More about Thalassa Holdings
Thalassa Holdings Ltd is a diversified holding company with investments in FinTech/RegTech, MedTech, Deep Tech/Robotics, and Real Estate sectors. The company focuses on long-term shareholder value through a limited number of holdings by engaging with management teams to support growth, transformation, and market expansion.
YTD Price Performance: 15.22%
Average Trading Volume: 2,001
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.11M
Learn more about THAL stock on TipRanks’ Stock Analysis page.