Decentralised finance (DeFi) focused investment company Dispersion Holdings (LON: DEFI) went ahead with its flotation at the end of April, but it was not as originally announced in its intention to float on AQSE Growth Market announcement.  

The same team was behind the flotation of NFT Investments (LON: NFT) earlier in April. Dispersion Holdings bought a 2.99% stake in NFT after trading in those shares commenced. The current NFT share price is well below the price paid by Dispersion Holdings. There was also another investment made prior to flotation.

There were initial plans to raise £10m at 5p a share – the same placing price as NFT Investments. There was also a broker option - granted to Novum Securities - of up to an additional 60 million shares at the same price if there w...

Previous articleDark Horse Investments – Classic Motorcycles that offer unrealised Investment Potential
Next articleboohoo set to reveal acquisition benefits
Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.