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Pires Investments ( (GB:MFAI) ) just unveiled an announcement.
Mindflair plc has announced the sale of its entire minority stake in Getvisibility, a cybersecurity company specializing in data visibility and control through AI, to Forcepoint. This transaction is expected to generate a total cash inflow of approximately £2.6 million for Mindflair, representing a significant return on investment. The proceeds will be used to settle outstanding loan notes and further validate Mindflair’s investment strategy, highlighting the quality of its portfolio and marking the fifth exit event from the Sure Valley Ventures fund.
More about Pires Investments
Mindflair plc is an investment company focused on next-generation technology businesses, particularly in the field of artificial intelligence. The company builds a portfolio across sectors such as the Internet of Things, Cyber Security, Machine Learning, Immersive Technologies, and Big Data, aiming to capitalize on the growing global demand for advancements in these areas.
YTD Price Performance: 33.33%
Average Trading Volume: 19,541,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.21M
For an in-depth examination of MFAI stock, go to TipRanks’ Stock Analysis page.