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Investment Strategy

Praemium to spend $10 million conquering the UK

Praemium intends to use $10 million of the $18 million it hopes to raise in its initial public offering to fund its expansion plans in the UK. According to the Praemium prospectus, the portfolio administration provider has made presentations to over 50 UK firms and has received expressions of interest from a number of them.
Investment Strategy

Praemium to spend $10 million conquering the UK

Praemium intends to use $10 million of the $18 million it hopes to raise in its initial public offering to fund its expansion plans in the UK. According to the Praemium prospectus, the portfolio administration provider has made presentations to over 50 UK firms and has received expressions of interest from a number of them.