Can you provide more details on what this second convertible round is and what the terms will be? I may have just missed something but I thought that the hard cap for this round was 10m?
“ (2) a subsequent follow on convertible (to be advertised on Crowdcube shortly), which will convert into B investment shares. The total size of this part of the raise depends on investor appetite but is anticipated to be no more than £2.10m. The conversion of this subsequent raise will be triggered in parallel to the conversion of this raise and will not adversely affect the interests of investors in this raise.”