Pharma C Investments PLC - early-stage investor in technology, fintech and AI sectors - Changes name to Mortgage Chat PLC, effective from Wednesday this week, saying it will make announcements about its new strategy "in due course". Pharma C shares were suspended from trading on Aquis Stock Exchange from September 2022 until December 27 last year. At that point, Pharma C raised GBP281,000 in fresh equity and appointed a new board.
Pharma C in December said it continued to support portfolio company Product Earth, but "given the background of geopolitical instability and negative sentiment in the capital markets towards the medical cannabis industry", the board proposed a change in investment strategy to focus on artificial intelligence.
Current stock price: last traded on Jan 17 at 0.05 pence
By Tom Waite, Alliance News editor
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