Valereum (LON: VLRM) has completed the £2m raising from chairman James Formolli, while a warrant exercise has generated £9,458. Shares were issued at 0.36p each and on top of that he received 15 million GATE tokens. The cash will finance the growth of the

Eight Capital Partners (LON: ECP) was hit by a £14.6m unrealised loss on its investments in 2023. That is predominantly down to a reduction in the value of a bond issue by 1AF2, which is due for repayment on 22 July. NAV has declined from £25.3m to £12.8m. Net debt is £862,000. Even so, the share price improved 10.2% to 0.027p.

Valereum (LON: VLRM) shares soared on Monday after the company announced that its chairman had subscribed for £2m of new shares in the business at 0.36p each, following the exercise of a warrant over his shares in the company.

The cash will be used to finance the growth of the business and the development of the GATE token, with Formolli also receiving 15 million GATE tokens as part of the deal.

Shares in Eight Capital Partners (LON: ECP) recovered on Monday after the investment company reported a £14.6m unrealised loss on its investments in 2023 so far, largely due to a reduction in the value of a bond issue by 1AF2, which is due for repayment on 22 July.

NAV declined from £25.3m to £12.8m over the period, while net debt stood at £862,000.

Shares in Watchstone Group (LON: WTG) went ex-dividend on 4 July, with the company set to return 8p per share in cash to shareholders on 21 July.

The cash dividend payment comes after the company reported a strong first half of the year in June, with revenues up 50% year-on-year to £11.2m.

Chris Potts, the founder and chief executive of Shortwave Life Sciences (LON: PSY), reduced his stake in the company on Monday from 15.2% to 11.65%.

Shortwave shares fell 32.6% to 1.55p on Monday following the news, having hit a high of 8.2p in May.

Tap Global Group (LON: TAP) shares slipped on Monday as the company announced a commercial agreement with Tap N Go for the launch of the XTP cashback programme.

Coinsilium (LON: COIN) shares slipped on Monday after the Web3 investment company announced a collaboration agreement with Web3 developer Lifeflow Inc.

Coinsilium said Lifeflow will have access to $1m of dedicated seed funding, while investee company Greengage is collaborating with global crypto currency exchange Coinbase.