Aquis Stock Exchange Weekly Highlights 16/02/24

Investment Evolution Credit plc announced it has appointed Axis Capital Markets Limited, a UK institutional broker, to act as the Company's Corporate Broker. As part of its role as Corporate Broker, Axis Capital Markets will conduct the Company's up to £100 million bond offering announced on 5 February 2024, the IEC 15% fixed rate unsecured bond 2024. Read more…

Coinsilium Group Limited reported several updates and developments from investees within its Web3 investment portfolio. These included updates on the Company's investments in Silta Finance, Yellow Network, Greengage Global Holding, and GGs.io. Read more…

Equipmake Holdings PLC announced that the Company has secured a contract for £2,000,000 with Golden Tours to repower a number of its tour buses with the Company's integrated zero emission drivetrain, that includes Equipmake's motor, control systems, inverter, HVAC and battery pack. The contract increases Equipmake's current order book to £13.1 million. The Company expects to deliver all the repowers under the contract with Golden Tours in FY25. Read more…

The Company later announced it had successfully raised approx. £4m through a placing at the issue price of 6p, alongside a further £110k through a retail offering via the BookBuild Platform in order to support its international expansion plan and for the investigation and pipeline development of opportunities in the United States of America. Read more…

RentGuarantor Holdings PLC announced that it has entered into a three-year agreement with University Living - a student letting company. The Company says University Living will use bespoke marketing materials to promote the RentGuarantor service to all its residential tenants, including students, with the intention of generating secure tenancies for University Living's landlord portfolio. Founded in 2015, University Living is a global student housing marketplace that helps students worldwide find suitable and secure accommodation near their university campuses. University Living has helped house students from 93 nationalities, working with over 300 international educational hubs and delivering 2,000,000+ beds for students across its partnerships. Read more…

Mortgage Chat PLC announced changes to its board, issuance of equity, and its new strategy.

New Strategy - The Company announced a strategic pivot towards the development of an artificial intelligence platform named Mortgage Chat. The company states that this platform will directly connect borrowers and lenders, streamlining the mortgage acquisition process.

Issue of Equity - The Company has issued new ordinary shares at a price of 0.05 pence per share to raise a total of £105,000. The funds will be used for working capital and for the development of the new strategy of the Company.
Board changes – The changes announced included Peter Wall joining the board as Executive Chairman and Philip Kallerhoff and Sarah Gow joining as Non-Executive Directors.
Read more…