Seedrs Terminates Merger with Crowdcube, Broadcasts New Funding Spherical

Following on our message in regards to the CMA’s provisional findings yesterday, I needed to share with you that now we have agreed to terminate our merger with Crowdcube.

We fervently disagree with the CMA’s view, however given the low probability that they’ll change their thoughts at this level, now we have concluded that it doesn’t make sense to proceed the battle.

Nevertheless, we had ready for this risk, and we’re happy to announce that now we have agreed a brand new funding spherical for the enterprise. Given the power of the enterprise’s latest efficiency, we will use this spherical to return to our pursuit of main development initiatives. We are going to share full particulars of the spherical very shortly.