Riverfort Global Opportunities complete the acquisition of the target entities from S-Ventures, placing and share issue, change of name to Tooru plc and admission to AIM
May 2025
Riverfort Global Opportunities is an investment company listed on AIM, seeking to generate returns for shareholders through capital growth and income by way of dividends.
The Company invests by providing equity-linked debt funding to public and private small cap growth companies in the technology, natural resources, energy, financial, healthcare, property and specialist industry sectors.
It provides funds to help companies complete acquisitions, manage working capital, fund capex and/or bridge to cash flow or refinancing events.
On 8th May 2025, the company announced the execution of a sale and purchase agreement for the acquisition of the business from S-Ventures constituting a reverse takeover.
Acquisition, Placing and Share Issue, change of name and Admission to AIM
On 29th May 2025, admission and the first day of dealings commenced by way of an acquisition of the Target Entities from S-Ventures, placing to raise up to £1 million at the Issue Price of 0.75 pence, issue of 466,666,666 consideration shares each at the issue price of 0.75 pence, issue of 356,335,200 loan conversion shares each at the Issue Price of 0.75 pence, change of name to Tooru plc and admission of the enlarged issued share capital to trading on AIM.
The Perivan shareholder communications team was delighted to work with Beaumont Cornish who acted as Nominated Adviser on the successful production and publication of the 163-page admission document and associated ancillary documents.
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Perivan is the market leader for admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds
