Coinsilium raises £4M via oversubscribed Bitcoin retail offer
The post Coinsilium raises £4M via oversubscribed Bitcoin retail offer appeared on BitcoinEthereumNews.com.
Coinsilium just revealed that it conducted a retail offer through the Winterflood Retail Access Platform (WRAP) at 22.2 pence per share to consolidate its Bitcoin purchasing campaign. The company initially targeted £2.5 million but had to quickly expand due to high demand. The offer was ultimately expanded to £4 million (approx. $5.4 million) after it was oversubscribed by as much as 400%. Coinsilium Group Limited (AQUIS: $COIN – OTCQB: $CINGF), the Web3 investor, advisor, and venture builder, is pleased to confirm the result of its retail offer via the Winterflood Retail Access Platform (“WRAP Retail Offer”), at 6 pence per share (“Issue Price”). The Company has… pic.twitter.com/NtrMpNufhT — Coinsilium (@CoinsiliumGroup) June 2, 2025 Coinsilium goes big on Bitcoin accumulation The UK-based company raised £4 million by issuing 18,018,018 new ordinary shares that are expected to be admitted to trading on the Aquis Growth Market around June 23, 2025. After admission, Coinsilium will have 359,477,274 ordinary shares, each with one voting right. However, there will be no shares held in its treasury. The new shares are expected to be on the same level as existing shares and free of any hindrances. However, not all investors were allowed to participate. According to the document released by Coinslium, the offer was not available in the US, Australia, Canada, New Zealand, Japan, South Africa, or EEA member states due to legal restrictions. It also highlighted Peterhouse Capital Limited as the Aquis Stock Exchange Growth Market corporate adviser, and Winterflood Securities Ltd as the manager of the WRAP platform. While the announcement includes forward-looking statements, it does not offer any assurances on actual results. As such, any investor interested should be aware that share value and income are not guaranteed and may fluctuate. Coinsilium entered BTC with £1.25 million raise in May The recently concluded…
Filed under: News - @ June 18, 2025 11:23 am