TAO Alpha PLC (LSE:TAO), a digital asset-focused company at the intersection of blockchain and entertainment, has announced plans to raise a minimum of £100 million through a second secured convertible loan note offering. This substantial funding initiative is designed to accelerate the company’s global growth strategy and enhance its operational capabilities.
Investor interest in the raise has been strong, with notable participation from ParaFi Capital. TAO Alpha has appointed Dawson James Securities and Fortified Securities as joint agents to lead the fundraising process. The proposed loan notes are expected to include defined terms such as a fixed conversion price and a set maturity date, offering investors clarity and structure.
This capital raise marks a pivotal moment for TAO Alpha as it seeks to expand its presence across international markets and further invest in the development of its decentralized technology platforms.
About TAO Alpha PLC
Established in 2021 and based in the UK, TAO Alpha PLC operates at the cutting edge of digital innovation in the entertainment sector. The company leverages blockchain and decentralized A
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