World High Life PLC completes fundraising to pursue investment opportunities
The company said it has raised £381,143 through the private subscription of around 38.1mln shares at a price of 1p each
() said it has completed a fundraising through a private share subscription that will be used to conduct due diligence on further investment opportunities.
The company said it has raised £381,143 through the private subscription of around 38.1mln shares at a price of 1p each, a 67% discount to its closing price on Monday.
READ: World High Life updates on deferred consideration for Love Hemp acquisition
Each of the subscribers has also been granted one warrant for each share, which entitles the holder to subscribe for an additional share at a price of 1p each for a period of two years. The company has granted 38.1mln warrants.
The new shares are expected to be admitted to trading on the AQSE Growth Market on November 6.
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