Aquis, Stock Aquis Stock Exchange
07.12.2023 - 18:32:29
Aquis Stock Exchange: Application for admission
Aquis Stock Exchange
07-Dec-2023 / 17:32 GMT/BST The issuer is solely responsible for the content of this announcement.
| ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET | | | | APPLICANT NAME: | | Kondor AI PLC | | APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER: | | Registered office address: 16 Great Queen Street, London, England, WC2B 5DG Phone Number: +44 020 3855 5551 | | DIRECTORS AND PROPOSED DIRECTORS: | | Jonathan Bixby, Executive Chairman Benjamin Sampson, Finance Director Jill Kenney, proposed Non-Executive Director Nicholas Hellyer, proposed Independent Non-Executive Director | | APPLICANT SECTOR: | | Software and Computer Services | | DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES: | | The Company intends to operate a software business engaged in the development of advanced artificial intelligence (“AI”) products with a particular focus on vision-based AI, intending to offer these to business customers through a “software as a service” (SaaS) model. The company’s main product will be the Kondor AI app, which will analyse pictures and live photos, providing solutions to questions and challenges based on visual input. | | NAME OF AQSE CORPORATE ADVISER: | | First Sentinel Corporate Finance Limited | | NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED: | | TBC Ordinary Shares of £0.001 par value | | SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury): | | TBC | | SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION: | | Shareholder’s Name | Pre-Admission (%) | On Admission (%) | | Toro Consulting Ltd | 37.68% | TBC | | Fidelio Partners Pte Ltd | 15.38% | TBC | | Crowdform Ltd | 7.69% | TBC | | | TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC: | | N/A | | THE EXPECTED ADMISSION DATE: | | On or around 21 December 2023 | | WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION: | | https://www.kondor.ai/ |
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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End of Announcement - EQS News Service 1792513 07-Dec-2023