We are pleased to let you know that an existing major investor is committing to an investment of up £5,000,000 in InvestEngine (Holdings) Ltd at a subscription price of £6.4958 per A ordinary share, representing a pre-money valuation for the group of £90,000,000 (the valuation was £50,000.000 at the last round). The investment will be made in 3 equal tranches, over the course of the next 7 months. This investment in shares is accompanied by a £10,000,000 investment in warrants for the same Total Effective Cost (warrant price plus exercise price) of £6.4958. This investment opens doors for us, along with giving us the runway we need. We are rapidly growing, and this investment helps us supercharge that growth as we steam towards profitability. “
Anyone know who this is?
I don’t mind disclosing my identity to them/it so…