BWA Holdings (LON: BWAP) chairman Jonathan Wearing has bought 500,000 shares at 0.25p each. A share issue has paid off £21,600 of liabilities. The share price jumped 157% to 0.475p.
Smarter Web Company (LON: SWC) raised £2.23m at 27p/share from a retail offer, taking the total raised to £3.45m. The company has invested a further £650,000 in Bitcoin at £75,460 each, which takes total investment to £1.41m. Smarter Web Company has applied to be quoted on the US OTCQB to help to add to liquidity. The share price rose a further 40.9% to 31p. Tennyson Securities has raised its target price to 38.4p/share.
Coinsilium (LON: COIN) expects the launch of the $YELLOW token launch is expected in two months. The sale will be conducted under Regulation D in the US, making it attractive to institutional investors. Coinsilium invested $200,000 in Yellow Network and the latest fundraising has increased the value of the stake. Coinsilium is raising £1.25m at 3p/share and a retail offer could generate a further £250,000. The share price increased 9.76% to 4.5p.
Peel Hunt has increased its stake in WeCap (LON: WCAP) from 16.1% to 17.3%. The share price improved 1.2% to 0.86p.
FALLERS
Time to Act (LON: TTA) shares were 34.6% lower at 5.125p following the announcement of a fundraising of a minimum of £264,000 at 40p/share. VSA Capital has set a target share price of 118p. Diffusion Alloys is a coatings business, and the customer base includes hydrogen, nuclear and fuel cell businesses. Another subsidiary, GreenSpur is developing axial flux technology. This business hopes to generate revenues through design services to wind turbine designers.
KR1 (LON: KR1) increased income from digital assets rose 51% to £13m during 2024, including Income from staking activities which jumped from £6.9m to £12.8m. There was a loss on disposals of £1m, compared with a £12.1m gain in the pervious year. Pre-tax profit fell from £14.7m to £7.85m. There was £1.18m in cash at the end of 2024. The share price declined 7.32% to 38p.
Constantine Logothetis has increased his stake in SulNOx Group (LON: SNOX) to 28.8%. The share price dipped 6.06% to 77.5p.
Valereum (LON: VLRM) is launching its RWA Platform prioritising sports, lifestyle, leisure and hospitality in El Salvador. The share price slipped 2.38% to 5.125p.
St Austell Brewery chief executive Kevin Georgel is joining Daniel Thwaites (LON: THW) as a non-executive director. The share price dipped 1.36% to 72.5p.