Valereum PLC (AQSE:VLRM), a specialist in tokenised digital markets, has confirmed it will no longer move forward with the proposed £19 million investment by DMC Markets Inc, following months of detailed due diligence and negotiations.
Despite constructive dialogue and repeated assurances, DMC was ultimately unable to complete the transaction.
While it said the outcome is disappointing, the company remains focused on identifying alternative opportunities to safeguard shareholder value and support future growth. Further updates are expected in due course.
"The board remains confident in the company's ability to deliver shareholder value through its own distinctive path, one built on technology, regulatory readiness, and strategic independence," investors were told.