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Event ends: August 9, 16:00 UTC
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Techub News reports that UK-listed company Valereum Plc plans to raise approximately £500,000 by issuing about 16,129,032 ordinary shares to accelerate the company’s growth strategy. The fundraising will be conducted in two phases, including a targeted placement of 400,000 shares expected to be completed today, and a retail placement of 100,000 shares planned for next week (currently in the final stages). The proceeds from this fundraising are intended to expand the existing business scale of VLRM Markets and enhance the capacity for onboarding new tokenization issuers, supporting commercial and ecosystem growth plans, including crypto assets consulting services, Bitcoin initiatives, Gate tokens, and other opportunities.