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R8 Capital Investments PLC - London-based fintech with a bitcoin banking app - Says discussions for the proposed acquisition of Redwood Financial Partners Ltd, the parent company of Redwood Bank Ltd, have been mutually terminated. The board is considering fundraising options and is seeking alternative acquisition opportunities. R8 Capital will apply to the UK Financial Conduct Authority to restore trading of its shares on the Main Market of the London Stock Exchange, after its suspension in October 2023.
Current stock price: suspended at 2.20 pence
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