daveb
Member of DD Central
Posts: 236
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Post by daveb on Oct 5, 2020 11:11:38 GMT
this from their email: The Seedrs and Crowdcube platforms will continue to operate independently through completion and likely for some time thereafter. You can still invest and raise capital, and buy and sell shares in the secondary market, in the same way as you have before. Once the merger has been formally completed, we will come together to define how the two businesses will combine our teams, customers, brands, services and technology. We will keep you updated on all of this, and we will work hard to make any transition to the user experience as seamless as possible.
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Post by riskov77 on Dec 13, 2020 15:44:48 GMT
has the merger already had any financial impact?
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Post by Ton ⓉⓞⓃ on Mar 28, 2021 20:45:39 GMT
The CMA says they don't like it, so the two have succumbed and given up on the idea. Seedrs is talking of a new funding round to be announced soon.
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iRobot
Member of DD Central
Posts: 1,657
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Post by iRobot on Mar 28, 2021 21:06:36 GMT
The CMA says they don't like it, so the two have succumbed and given up on the idea. Seedrs is talking of a new funding round to be announced soon. Hmmn... be interesting to see just how thickly the gloss is applied given that - in evidence stated to the CMA in early Feb - both parties were doom-mongering calamitous collapse if the merger wasn't allowed to proceed. "Crowdcube and Seedrs, the UK’s two largest crowdfunding platforms, face closure unless a planned merger can go ahead, the firms have warned in evidence submitted to the Competition and Market Authority." [source]
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