ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
|
|
APPLICANT NAME:
|
Kondor AI PLC
|
APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
|
Registered office address: 16 Great Queen Street, London, England, WC2B 5DG
Phone Number: +44 020 3855 5551
|
DIRECTORS AND PROPOSED DIRECTORS:
|
- Jonathan Bixby, Executive Chairman
- Benjamin Sampson, Finance Director
- Jill Kenney, proposed Non-Executive Director
- Nicholas Hellyer, proposed Independent Non-Executive Director
|
APPLICANT SECTOR:
|
Software and Computer Services
|
DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
|
The Company intends to operate a software business engaged in the development of advanced artificial intelligence (“AI”) products with a particular focus on vision-based AI, intending to offer these to business customers through a “software as a service” (SaaS) model.
The company’s main product will be the Kondor AI app, which will analyse pictures and live photos, providing solutions to questions and challenges based on visual input.
|
NAME OF AQSE CORPORATE ADVISER:
|
First Sentinel Corporate Finance Limited
|
NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
|
TBC Ordinary Shares of £0.001 par value
|
SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
|
TBC
|
SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
|
Shareholder’s Name
|
Pre-Admission (%)
|
On Admission (%)
|
Toro Consulting Ltd
|
37.68%
|
TBC
|
Fidelio Partners Pte Ltd
|
15.38%
|
TBC
|
Crowdform Ltd
|
7.69%
|
TBC
|
|
TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
|
N/A
|
THE EXPECTED ADMISSION DATE:
|
On or around 21 December 2023
|
WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
|
https://www.kondor.ai/
|