Today news
About the same in other media
Digital 9 Infrastructure warns June portfolio valuation may be slashed by two fifths
Reading now: 941
In a stock exchange notice today (6 September), the board estimated a provisional unaudited NAV of about 45p per share as of 30 June, reflecting a 40.3% haircut from the 79.3p audited NAV per share as of 31 December. A «major part» of the NAV write-down is due to revised assumptions about financing availability for portfolio companies and its effect on their growth prospects in the valuation models, compared to the inputs used for the 2023 year-end NAV, the directors noted. The valuation process is yet to be completed, the board said, which may result in further changes. DGI9's interi...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
BlackRock, Global Infrastructure Partners, Microsoft, MGX launch AI partnership livemint.com /1 day ago
Digital Chamber Calls American Crypto Users to Support New NFT Bill cryptonews.com /1 day ago
Deutsche Digital Assets Launches Macro-Adjusted Bitcoin ETP on Euronext cryptonews.com /1 day ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
