Dear friends,
We are very excited to share with you that Republic and Seedrs have entered into an agreement for Republic to acquire Seedrs. This deal will create the first global private investment marketplace with offerings across North America and Europe.
Today’s deal will rapidly advance Seedrs’ European expansion plans, and together Seedrs and Republic will continue to lead and innovate the private investment market. The acquisition by Republic provides Seedrs with powerful new platform capabilities to complement our existing offerings; access to US investors and dealflow; and a further commitment of substantial investment by Republic into Seedrs to accelerate growth in the UK and Europe.
You can read more about the acquisition here. Approval by Seedrs shareholders and the Financial Conduct Authority (FCA) will be required prior to completion, and we expect this to take a few months.
As a Seedrs member, you don’t have to do anything, and the service you receive from us will continue as usual. You can still invest and raise capital, and buy and sell shares in the secondary market, in the same way as you have before.
We will, of course, keep you updated about any changes that may impact how you interact with us. While it’s business as usual for now, we expect this deal to create huge value and opportunities for our customers and portfolio companies going forward.
We thank you for your continued support for Seedrs. If you have any questions at all, please let us know.
Best wishes,
Jeff Kelisky
Chief Executive Officer
Jeff Lynn
Executive Chairman & Co-Founder
