CLN Fundraising and Acquisition Update
Golden Rock Global Plc has successfully raised an additional £1,035,000 through convertible loan notes, bringing the total fundraising to £1,490,000, and is preparing a simplified prospectus for the admission of ordinary shares to the Official List and Main Market by the end of July, subject to FCA approval. Furthermore, the company has progressed with early-stage due diligence on its proposed acquisition of SSS Matrix Corp., with initial findings being positive and further advisors being engaged to advance the transaction.
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Golden Rock Global plc, ("GRG", the "Company") a Jersey registered company admitted to the Equity Shares (Shell Companies) category of the Official List of the Financial Conduct Authority (the "FCA") (the "Official List") and to the main market of the London Stock Exchange plc ("Main Market") is pleased to announce that further to its announcement of 17 March 2026, the Company has raised a further £1,035,000 from sophisticated investors and has issued £1,035,000 in principal value of CLNs pursuant to the CLN Instrument.
The Company has now completed its fundraising pursuant to the CLN Instrument and has raised a total of £1,490,000.
In connection with the fundraising, the Company is preparing a simplified prospectus for the purpose of enabling admission of the Ordinary Shares, to be issued to the CLN holders on conversion of the CLNs, to the Equity Shares (Shell Companies) category of the Official List and to trading on the Main Market. Subject to approval by the FCA, the Company expects to publish the prospectus by the end of July.
Defined terms used in this announcement shall have the same meaning given in the Company's announcement of 17 March 2026.
Proposed Acquisition
Further to the Company's announcement of 22 January 2026 in respect of the Company entering into non-binding, conditional, heads of terms for the proposed acquisition of SSS Matrix Corp. ("SSSM") (the "Proposed Acquisition"), the Company has undertaken early stage due diligence on SSSM. The Board is pleased with the initial findings of the due diligence process and is currently in the process of engaging further advisors to progress the due diligence and transaction more generally.
GRG will continue to update the market as the transaction progresses.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.