This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
17 July 2026
Roundhouse AI LTD.
("Roundhouse" or the "Company")
Treasury Update
Roundhouse (AQSE: ETHL), an artificial intelligence technology company, announces that it has sold all of the Ethereum ("ETH") held by the Company, comprising 469.63246 ETH, at a weighted average price of US$1,890.43 per ETH. Following the sale, the Company no longer holds any cryptocurrencies or other crypto assets and has ceased operating its digital asset treasury strategy, which was established to complement its core artificial intelligence ("AI") infrastructure operations. The Company also announces that the ETH-backed loan agreement announced on 22 April 2026 has been repaid in full and terminated.
The Company intends to use the proceeds from the sale of ETH to support the further development and growth of its operations in the AI infrastructure sector. The Directors believe that this represents a more effective use of the Company's balance sheet, enabling it to allocate resources towards opportunities with the potential to drive revenue growth. The sale follows the Company's recently announced change of name to Roundhouse AI LTD and is consistent with its continued focus on achieving operational growth.
Contact information
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Roundhouse AI Matthew Lodge, CEO |
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First Sentinel - Corporate Adviser Brian Stockbridge |
+44 (0) 20 3855 5551 |
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Clear Capital - Broker Bob Roberts |
+44 (0) 20 3869 6080 |
The Directors of the Company accept responsibility for the contents of this announcement.
Additional information about the Company can be found on the website: roundhouseai.io
About the Company:
Roundhouse is a technology company specialising in AI infrastructure and related operational services. These activities are expected to be the Company's primary revenue driver. The Company intends to generate revenue through the provision of AI infrastructure services, platform licensing and consulting services.