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The latest announcement is out from Acceler8 Ventures Plc ( (GB:AC8) ).
Acceler8 Ventures Plc has announced the cessation of its proposed acquisition of Verifyyed, Inc. after failing to reach an agreement with Verifyyed’s board, who opted to secure private capital in the US. Consequently, Acceler8 Ventures has requested the lifting of its trading suspension and is exploring new acquisition opportunities, with plans to issue convertible loan notes to raise funds for future transactions.
More about Acceler8 Ventures Plc
Acceler8 Ventures Plc is a Main Market listed acquisition company focused on identifying and acquiring businesses that are interested in pursuing a London listing. The company operates in the investment and acquisition industry, seeking attractive targets to enhance its portfolio.
Technical Sentiment Signal: Sell
Current Market Cap: £750K
See more data about AC8 stock on TipRanks’ Stock Analysis page.