World Chess PLC (GB:CHSS) has released an update.
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World Chess PLC, a leading chess organization, has secured a strategic investment from Blitz Intelligence FZCO, totaling €1.2 million for 12 million new shares, a 58.6% premium to the latest market price. This investment will bolster World Chess’s financial standing and support its growth initiatives in the chess and technology sectors. Both companies express a shared optimism in chess’s commercial potential and World Chess’s unique market position.
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