Scout raises SEK101m in share issue to save business

The process diluted existing shares by 90%. The process was instigated as an attempt to save the business, following a SEK17m commitment was discovered in the supplier’s accounts that it stated it had been previously unaware of. The commitment would have impacted cash...

BGC welcomes British government’s Growth Plan

Chancellor of the Exchequer Kwasi Kwarteng, who was appointed to the role as part of new Prime Minister Liz Truss’s Cabinet, set out a package of measures today (23 September) in an effort to help improve growth and make the economy more competitive. BGC chief...

PlayUp to list on NASDAQ via SPAC in $350m deal

PlayUp has announced it has entered into a business combination agreement with the special-purpose corporation, with the transaction expected to close by Q1 2023. In a statement, the SPAC outlined its vision for PlayUp: The operator will offer a comprehensive suite...