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Pires Investments ( (GB:MFAI) ) has provided an update.
Mindflair plc announces a significant development involving Infinite Reality (iR), a company in which its portfolio company Sure Valley Ventures fund (SVV1) holds shares. iR has partnered with Nasdaq Private Market to establish a secondary trading program for its private securities, providing liquidity options for shareholders, including employees and investors. This initiative marks an effort to offer structured secondary market access, potentially impacting the returns for investors in SVV1’s holding in iR, although detailed financial outcomes remain to be clarified.
More about Pires Investments
Mindflair plc is an investment company focused on next-generation technology businesses, particularly in the field of Artificial Intelligence. It builds an investment portfolio across sectors such as Internet of Things, Cyber Security, Machine Learning, Immersive Technologies, and Big Data, aiming at high growth potential due to increasing global demand.
YTD Price Performance: 83.33%
Average Trading Volume: 12,314,899
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £5.79M
Learn more about MFAI stock on TipRanks’ Stock Analysis page.
