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Thalassa Holdings Announces Share Allotment and Subscription Agreement

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Thalassa Holdings Announces Share Allotment and Subscription Agreement

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Thalassa Holdings ( (GB:THAL) ) has shared an update.

Thalassa Holdings Ltd has announced the publication of its Prospectus, approved by the FCA, and the allotment of 8,710,000 Placing Shares, which are expected to be admitted for trading on the London Stock Exchange by January 10, 2025. Additionally, the company has entered into a subscription agreement with Alina Holdings plc for up to 12,000,000 new ordinary shares, pending certain conditions, marking a related party transaction due to shared interests.

More about Thalassa Holdings

YTD Price Performance: 6.52%

Average Trading Volume: 5,560

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.95M

Learn more about THAL stock on TipRanks’ Stock Analysis page.

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