Marechale Capital (AIM:MAC) shares jumped 41% to 3.11p after the London corporate finance boutique announced a trio of acquisitions designed to transform it into a fully integrated digital merchant bank.
The company is acquiring Stanford Capital Partners, a UK SME-focused corporate finance and broking firm; Blubird Global, an institutional-grade asset tokenisation platform with more than $32 billion of assets on its registry; and NJC Capital, a systematic alternative investment fund and its manager.
The deals will be settled via share-for-share exchanges involving the issue of 75.2 million new shares at 1.75p apiece, and are conditional on shareholder approval at a general meeting scheduled for 22 June.
Alongside the acquisitions, Marechale has raised £1.06 million through a conditional subscription for 60.6 million new shares at the same price, with funds coming from existing shareholders and new institutional investors.
It said the enlarged group would offer services spanning corporate finance, capital markets, tokenisation and asset management across both traditional and digital markets, positioning it to capitalise on what Blubird's chief executive described as a potential $300 trillion megatrend in financial services tokenisation.
Marechale has also appointed Patrick Claridge, founder of Stanford Capital Partners and former chief executive of Merchant Securities, as an executive director with effect from 24 June 2026.
The company said it expects the acquisitions to be materially earnings-enhancing in the current financial year.
