Bitcoin is often cited as ‘digital gold’, and in fairness, there are some genuine similarities.
Just like physical gold, Bitcoin is ‘mined’, albeit with powerful computers solving complex equations instead of picks, shovels and excavators.
Ondine Biomedical Inc (AIM:OBI) has closed its bookbuild offer raising the maximum of £2.5 million at 9p each, but said that the amount being raised will increase due to the demand
“In light of the demand for the placing and subscription the company intends to increase the overall fundraising size, as commitments already received mean that there are insufficient shares to allocate to the broker option or to employee subscribers,” it said in a statement.
Dial Square Investments PLC (LSE:DSI), a special purpose acquisition vehicle, said it will 'reverse' into EnergyPathways PLC (AIM:EPP), which is targeting UK gas assets.
The plan is to raise a minimum of £2 million to finalise the acquisition of EnergyPathways and its admission to the AIM market, subsequently renaming the entity EnergyPathways PLC (AIM:EPP).
JLEN Environmental Assets (LSE:JLEN) Group, the environmental infrastructure fund, has acquired the 30% Bio Collectors Holdings it doesn't own for £8 million.
BCH operates an anaerobic digestion (AD) plant, commissioned in December 2013, which produces biomethane for the national gas grid and also runs the Bio Collectors waste collection business.
Arecor Therapeutics PLC (AIM:AREC) has inked a co-development and exclusive licence option agreement with an unnamed leading global medical products company to develop a high-value, ready-to-dilute (RTD) oncology product from its in-house specialty hospital pipeline.
Under the terms of this deal, Arecor and its partner will jointly carry out further development and regulatory work.