Aquis Stock Exchange: Updated Application for Admission Announcement
Summary by AI BETAClose
X
B HODL PLC, an information technology company focused on Bitcoin acquisition and management, has announced its application for admission to the Aquis Growth Market. The company's business model centers around operating Lightning Network nodes to generate revenue from Bitcoin transaction fees. The expected admission date is on or around September 8, 2025. The offering involves an unspecified number of ordinary shares with a par value of 1p each. Currently, CoinCorner Ltd holds 65.90% of B HODL's share capital pre-admission, with the post-admission percentage to be confirmed. This announcement updates a prior application released on August 12, 2025.
28-Aug-2025 / 07:00 GMT/BST
The issuer is solely responsible for the content of this announcement.
ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET
APPLICANT NAME:
B HODL PLC (“B HODL”)
APPLICANT REGISTERED OFFICE, PRINCIPAL PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
Registered Office: 19-21 Circular Road, Douglas, IM1 1AF Isle of Man
Principal Place of Business: 18c Carrs Lane, Tromode, IM4 4RG Isle of Man
Telephone: 01624 673508
DIRECTORS AND PROPOSED DIRECTORS (IF APPLICABLE):
Frederick Edmund New - Chief Executive Officer
Daniel Lawrence Scott - Chief Bitcoin Officer
David Patrick Martin Boylan - Chief Finance Officer
Zakk Jon Lakin - Chief Technical Officer
David Jaques - Non-executive Chairman
Russell Allen Farrington - Non-executive Director
APPLICANT SECTOR:
Information technology
DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
B HODL is a company led by an experienced British team and is dedicated to generating low-risk, sustainable revenue through operational activities focused on the acquisition, accumulation and management of Bitcoin. The company’s initial business model centres around the operation of Lightning Network nodes, which generate revenue by charging fees for routing Bitcoin transactions. By leveraging the scalability and efficiency of the Lightning Network, B HODL aims to capitalise on transaction fee income and provide inbound liquidity to other Lightning node operators as its first lines of business.
The Lightning Network, on which B HODL’s revenue-generating operations will be built, is a second-layer protocol for Bitcoin that enables faster and cheaper transactions by channelling payments through a network of interconnected nodes. Operator nodes, such as those managed and to be managed by B HODL, earn fees for forwarding transactions, creating a scalable and innovative revenue model.
B HODL is led by a team that shares a long-standing commitment to Bitcoin as a monetary asset and open protocol. Beyond commercial objectives, the Company is focused on supporting the development and resilience of the Bitcoin ecosystem, contributing to its infrastructure, and advancing its use as a global financial standard.
NAME OF AQSE CORPORATE ADVISER:
First Sentinel Corporate Finance Limited
NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
TBC ordinary shares of 1p each
SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
TBC
SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
Holder
pre-Admission (%)
Post-Admission (%)
CoinCorner Ltd
65.90
TBC
TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
N/A
THE EXPECTED ADMISSION DATE:
On or around 8 September 2025
WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
bhodl.com
UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:
12 August 2025
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service
2189462 28-Aug-2025
AI Summary Disclaimer BETA
The content you are viewing has been generated or assisted by artificial
intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may
contain inaccuracies, outdated information, or subjective interpretations. This content is intended
for general informational purposes only and should not be considered professional advice or factual
confirmation.
We encourage you to independently verify any information provided,
especially if it will be relied upon for making decisions or taking action. Any reliance you place
on this material is strictly at your own risk. The AI system that produced this content cannot
assess the specifics of individual circumstances, and results may vary based on context and
individual needs.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.
Create an Account
Create your FREE account to receive personalised announcements, watchlists, market updates, investment insights and new features.
Personalise your experience
Tell us a little about yourself to receive personalised content, announcements and relevant investment opportunities.
