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LONDON - B HODL Plc, a British company focused on Bitcoin accumulation and revenue generation, announced Tuesday a retail offer to raise up to £500,000 through the Winterflood Retail Access Platform (WRAP) ahead of its planned listing on the Aquis Stock Exchange (AQSE).
The company is offering shares at £0.14 each through the WRAP Retail Offer, which is open to eligible UK investors until 3:00 pm on September 19. This retail offering complements a previously announced £13.3 million subscription that raised funds through 95,251,802 new ordinary shares at the same price.
Trading of B HODL shares on the Access segment of the AQSE Growth Market is expected to commence on September 22, according to the press release statement.
B HODL aims to generate revenue from Bitcoin holdings and operational activities, primarily through operating Lightning Nodes and routing Bitcoin transactions via the Lightning Network. The company states it will leverage an exclusive relationship with CoinCorner, a British Bitcoin exchange.
The minimum subscription under the retail offer is £100 per investor. Applications must be made through participating financial intermediaries, with interested investors advised to contact their brokers or wealth managers to confirm participation.
The company notes that the retail offer is only available to eligible UK investors, with certain limited exceptions. Applications cannot be withdrawn once accepted.
B HODL’s management team includes professionals with experience in the Bitcoin ecosystem, financial services, law, and investment management. Freddie New serves as Chief Executive, while Danny Scott holds the position of Chief Bitcoin Officer.
First Sentinel is acting as AQSE Corporate Adviser, with Winterflood Securities serving as the platform for the retail offering. The company has published an admission document on its website providing additional information about the business and offering.
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