Sundae Bar boosts share capital as it advances generalist AI agent strategy

Kondor Ai Plc ( (GB:SBAR) ) has shared an update.

Sundae Bar Plc said a holder has exercised warrants over 250,000 new ordinary shares at 1p each, with the new stock expected to be admitted to trading on AIM around 23 February 2026 and ranking equally with existing shares. Following the issue, the company’s share capital will rise to 429,990,051 ordinary shares with voting rights, a new denominator for investors monitoring disclosure thresholds under FCA transparency rules.

The group positions itself as a specialist in commercial AI agents, using Bittensor’s decentralised infrastructure and its own Subnet 121 to crowdsource and benchmark intelligence improvements. Management aims to turn this continuously trained generalist agent into a deployable enterprise tool, seeking to leverage its merged infrastructure and AI expertise to capture demand for AI that can perform substantive business work.

More about Kondor Ai Plc

Sundae Bar Plc, listed on AIM under ticker SBAR, operates an enterprise platform that connects AI agent developers with businesses and users via sundaebar.ai. Formed through the merger of Ora Technology PLC and Kondor AI PLC, the company is building a single, generalist AI agent for real business tasks, trained through open, incentivised competition on the decentralised Bittensor network.

Average Trading Volume: 122,981

Technical Sentiment Signal: Strong Sell

Current Market Cap: £21.27M

See more data about SBAR stock on TipRanks’ Stock Analysis page.