Tiger participates in Satsuma Technology fundraise.


    06 August 2025 23:06:26
  • Source: Sharecast
RNS Number : 3048U
Tiger Royalties and Investments PLC
06 August 2025
 

6 August 2025


Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

 

 

Tiger participates in Satsuma Technology loan note fundraising

Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused on incubating technology and mining projects, is pleased to announce that it has subscribed £500,000 (circa $664,945) in Satsuma Technology PLC's second secured convertible loan note round.  This funding raised a total of approximately £163,660,000 (circa $217,650,000). 

Satsuma Technology PLC ("Satsuma") is a company with shares trading on the Main Market of the London Stock Exchange, is headquartered in London and is focused on decentralised artificial intelligence and bitcoin treasury management.

The Loan Notes will convert into ordinary shares of £0.001 each in the capital of Satsuma at £0.01 per share subject to (a) its shareholders approving the necessary resolutions to authorise the directors to allot and issue free of pre-emption rights and (b) the publication by Satsuma of a prospectus.

For further information please contact:

 

Tiger Royalties and Investments Plc

Jonathan Bixby     

+44 (0) 20 7581 4477

Beaumont Cornish (Nomad)

Roland Cornish & Felicity Geidt

 

+44 (0) 20 7628 3369

Fortified Securities    

(Broker)

Guy Wheatley

Email: guy.wheatley@fortifiedsecurities.com

+44 (0) 7493 989014

Novum Securities

(Broker)

Jon Belliss

+44 (0) 20 7399 9425




 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU as it forms part of the UK law pursuant to the European Union (Withdrawal) Act 2018

 

Notes to Editor

 

Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle focused on incubating technology projects. Following the acquisition of Bixby Technology Inc. in early 2025, the Company will focus on identifying technology enterprises to invest in and incubate by providing incubation services and strategic guidance to technology entrepreneurs whilst continuing in its existing investing policy of identifying and investing in the global natural resources sector. 

 

Bixby Technology Inc. will be focused on targeting new fast-growth technology products and projects, these may include equity, securities, meme coins and other form of beneficial interests or digital assets. 

 

For more information, please visit: https://www.tigerinvests.com 

About Tiger Royalties and Investments Plc
Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle focused on incubating technology projects. Following the acquisition of Bixby Technology Inc. in early 2025, the Company will focus on identifying technology enterprises to invest in and incubate by providing incubation services and strategic guidance to technology entrepreneurs whilst continuing in its existing investing policy of identifying and investing in the global natural resources sector.  Bixby Technology Inc. will be focused on targeting new fast-growth technology products and projects, these may include equity, securities, meme coins and other forms of beneficial interests or digital assets.

 

 

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