Beacon Rise Share Discussion Threads

[hedgehog 100] 25/4/2024 15:32

25/04/2024 11:22 RNS Regulatory News Beacon Rise Holdings PLC Annual Financial Report LSE:BRS Beacon Rise Holdings Plc

"Full Year Results for the period ended 31 December 2023

Beacon Rise Holdings plc (LSE: BRS) has today published its Annual Report and Financial Statements for the period ended 31 December 2023 (the "Annual Report"). ...

STRATEGIC REPORT

FOR THE PERIOD ENDED 31 DECEMBER 2023

Review of development and future prospects

The directors present their report and the financial statements for the 9 months ended 31 December 2023. The company has changed its accounting reference date to 31 December. The last financial statements were prepared for the year ended 31 March 2023. The change is made by the Board for the ease of aligning the company's accounting reference date with its future acquisition targets since 31 December is a common accounting reference date. The amounts presented for the current and the prior financial periods in these financial statements are not comparable.

The company was incorporated as a private company with limited liability under the laws of England and Wales on 14 September 2021 with registered number 13620150 and re‑registered on 15 December 2021 as a public limited company under the Companies Act. It is domiciled and its principal place of business is in the United Kingdom.

The principal activity of the company is to acquire businesses in the primary and secondary segment of the education technology sectors.

Following the company's Initial Public Offering ("IPO") of its securities onto the London Stock Exchange through a Standard Listing on 25 March 2022, the company has continued to look for acquisitions which may be in the form of a merger, capital stock exchange, asset acquisition, stock purchase, scheme of arrangement, reorganisation or similar business combination of an interest in an operating entity or investment.

As at the financial year end and as of the date of signing the financial statements, the company did not have any current operations, no products were sold and no services were performed by the company. It did not operate or compete in any specific market, and the company had no subsidiaries. The company continues to seek acquisitions of UK and EU businesses or assets with operations in the primary and secondary segment of the education technology sector.

Mergers and Acquisition

The year of 2024 is a critical year for Beacon Rise. The company is dedicated to carry out an expansive strategic development plan which is carefully planned to enhance shareholders' value while dynamically responding to the evolving educational landscape.

Under the leadership of the Board, Beacon Rise remains committed to the education industry. The strategy for 2024 is to enhance the exploration of mergers and acquisition opportunities with a keen focus on diversifying assets. Potential targets include internet education technology companies, educational content developers, educational service providers, full-time educational institutions, and early education establishments. The goal is to align these acquisitions with the company's foundational objectives and thereby solidify our market position. The Board will propose in the next Extraordinary General Meeting for an extension of Beacon Rise's life cycle for another 12 months to find more education resources targets and achieve a successful reverse takeover so as to maximise shareholder value.

We fully recognise the complexities of the current economic environment, so the Board will adopt a dual-attention approach in asset acquisition. This approach not only aligns with the company's scale but also prioritises the stability and the sustainability of the target's business. Target acquisitions will be measured by three aspects including the stability of their business models, the potentiality on sustainable market growth and the strength of their management teams. We will apply an in-depth market analysis and focus on the future education industry trends in order to secure our investments with a long-term value added.

With the rapid advancements in AI technology, the Board will explore an innovative way to integrate traditional educational philosophies with cutting-edge AI solutions. The aim is to create an education model that seamlessly integrates AI-driven technology, innovative content and student-centric approaches. This innovation will lay the foundation for the formation of a pioneering education group focused on AI-enhanced educational services.

In 2024 Beacon Rise will actively seek collaborative partnerships with key participants in the education sector. These partnerships should aim to enhance academic courses, technological integration and market expansion.

Collaborations with industry leaders, academic institutions and technology innovators will provide us with the approach for a synergistic ecosystem conducive to the educational development.

Investment in human resource is a critical component of our strategy. We plan to implement comprehensive programs for talents consisting of the approaches of acquisition, development and retention. Leadership development and succession planning will be crucial for ensuring a strong and visionary leadership team in place to lead the company towards new successes in future. ..."

[hedgehog 100] 17/3/2024 14:41

14/02/2024 10:29 RNS Regulatory News Beacon Rise Holdings PLC Issue of Equity LSE:BRS Beacon Rise Holdings Plc

"Issuance of shares

Beacon Rise Holdings plc (the Company) announces that on 14 February 2024 it issued 58,333 ordinary shares of £1.00 each in the capital of the Company at a price of £1.20 per ordinary share (the Shares).

Following the issuance of the Shares, the Company's issued share capital comprises 1,180,333 ordinary shares.

The Company intends to apply for the admission of the Shares to the standard listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange.

Enquiries

For further information, please visit www.beaconrise.uk or contact Kemp House, 160 City Road, London, EC1V 2NX."




An interesting recent fundraise by BRS.

Only c. £70K. raised, but the placing price of £1.20 is a hefty premium: 50% above the current BRS share price of 80p, and 60% more than the share price on 14th. February (75p).

Moreover, BRS's loss in its 6 months to 30.9.23 was only £19,714, at which point it still had cash of £328,900, and £358,991 net & net current assets.

The market cap. at 80p is £944,266, but these types of shells can arrange RTOs at multiples of their cash.

It looks to me like this placing could well be a prelude to an imminent proposed RTO, at a BRS share price of at least £1.20/share, but potentially a lot higher than that.

[hedgehog 100] 14/12/2023 14:52

Current share price 14th. December 2023: 65p
1,122,000 shares in issue
Market capitalisation: £729,300.


"Beacon Rise Introduction

Beacon Rise Holdings plc is an acquisition company and was formed to undertake acquisitions of businesses or assets with operations in the primary and secondary segment of the education technology sector. ..."




29/03/2022 12:49 UK Regulatory (RNS & others) Beacon Rise Holdings PLC Admission to the Official List LSE:BRS Beacon Rise Holdings Plc

"Tuesday 29 March 2022

Admission to trading and first day of dealings (25 March 2022)

Beacon Rise Holdings plc (Beacon Rise or the Company ), a special purpose acquisition company formed to undertake acquisitions with operations in the primary and secondary segment of the education technology sector, is pleased to announce that it has raised gross proceeds of GBP1,122,000 through the subscription of 1,072,000 Ordinary Shares at a price of GBP1.00 per Ordinary Share.

The entire issued share capital of 1,122,000 Ordinary Shares was admitted to trading by way of Standard Listing on the Main Market of the London Stock Exchange on 25 March 2022. Dealings in the Ordinary Shares commenced at 8am on 25 March 2022 under the ticket "BRS" (ISIN: GB00BMC0V753).

About Beacon Rise

Beacon Rise intends to acquire an education technology company or business or asset with operations in the education technology sector in the UK, EU and/or North America with strong underlying fundamentals, clear broad-based growth drivers and an identifiable market. The Company uses the term "education technology" to describe a wide array of teaching and learning related software and hardware, designed to facilitate collaboration in an active learning environment. The Company considers the ultimate goal of educational technology is to boost student outcomes and engagement. The education technology sector, within the primary and secondary education segment, focusses on driving the development of education with advanced technology, tools and content for example by using interactive digital learning resources, live recording and broadcasting platforms, adaptive learning systems, high-level learning ability evaluation systems as well as VR, AR and AI software and hardware. Following its first acquisition, Beacon Rise hopes to add complementary businesses via further acquisitions. Such acquisitions should complement and promote each other, creating an ecosystem of businesses to target improved educational results.

The Prospectus published by Beacon Rise in connection with the Admission is available on Company's website.

Enquiries

For further information, please visit www.beaconrise.uk or contact Kemp House, 160 City Road, London, EC1V 2NX."

[stuart70] 16/12/2002 22:40

Merry Christmas fellow Burns Stewart holders.

Nice One :)

[nigelsom] 16/12/2002 14:39

Not sure - it does say in the rns, but I'm looking to get the cash early, so am trying to sell in the market. I'll lose a couple of pence per share but there is an old saying along the lines of leave a bit for the next guy. Mind you, if it is only about a month, those with the cash could make a quick turn of 3% or so in that time. In this market, that's not to be sneezed at.

[sonic23] 16/12/2002 14:35

Anyone know when we'll see the money?
Thanks

[dontrader] 16/12/2002 13:45

Worth the wait.

Don

[nigelsom] 16/12/2002 13:38

rns out:

YYYIPPPEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[thumper123] 16/12/2002 13:37

Well looks like we did it! 75 pence a share, the ticker just hit 72. ROFLMAO. The foolhardy thumper

[nigelsom] 16/12/2002 09:46

RNS: EMM disclosure. What about the t/o?

[thumper123] 16/12/2002 00:44

Just spoken to my researcher. He says dough in bank, deal done, announcement monday. I wonder?

[balcony] 14/12/2002 14:57

one of this mornings papers says bid coming monday

[dontrader] 13/12/2002 11:58

See article in today's scotsman.



Radio Scotland are quoting from this I think. Company sources. By my clock I would say this is mid-morning.

Don

[nigelsom] 13/12/2002 09:40

Announcement (but don't get too excited)..........yep, it's another emm disclosure. AFX quoted 'sources' that it would be this week and that the price would be 65-75p. But it also said tues or weds. Did radio scotland give any hint as to their sources, or are they going on the afx story that it would be this week and therefore today?

[dontrader] 13/12/2002 09:00

Strong rumours that today is the day. BBC radio Scotland this am.

[dontrader] 12/12/2002 14:39

Yawn is correct.On a number of occasions the press have speculated that the deal is only a couple of days away but they always are unfounded rumours.

I am nervous. I show a good profit from an original buy price of 12p and wonder if it is worth waiting for the elusive 70 to 75p.

Don

[nigelsom] 12/12/2002 09:15

We have an rns.........yet another emm disclusure. Yawn.

[nigelsom] 12/12/2002 09:12

The only info I want is that rns!

[thumper123] 12/12/2002 07:29

I think it true to say that my opinions on this stock are supported by some of the best possible research. My researcher told me that he had spoken with a board member on teusday and was assured that the published programme was going ahead and the deal was to be signed in Antigua that night and released as news to london at wednesday opening. Yet another delay is not impossible, for this has been on the stocks for along time... but the market makers dont have much faith, for the price drops on even a little activity. More info gratefuly recd.

[lardhead2] 11/12/2002 09:30

Morning all,does anyone out there have info on the
'expected' takeover - it been mentioned in the press
twice this week.......so far.....?

[nigelsom] 06/12/2002 08:32

Yet more rumours that action imminent. Let's hope so this time - should be a good Christmas at 70p+

[thumper123] 06/12/2002 08:16

Ireally cant be the only person with any interest in this angostura panto. Rise yesterday, early trade today. Is there really a chance that this long distance engagement will move to closer quarters?

[thumper123] 05/12/2002 09:23

would like to know what more experienced traders think about BRS ...will take over end in bitter tears. I've been a holder for long time @62p, and have bought another 20 today. Price is up, but spread is wider than a brokers smile. My man who knows opines action is imminent- but we heard this before. Thoughts, comments would be appreciated. I know you are all busy doing stuff that only grown ups understand, but Ireally would appreciate some input.