IN BRIEF: Tech SPAC Boanerges lists on Aquis, raises GBP500,000
Mon, 17th May 2021 12:21
Boanerges Ltd - British Virgin Islands-registered special purpose acquisition company - Shares start trading on Aquis Stock Exchange Growth Market on Monday after company raises GBP500,000 through the issue of 2.5 million shares to one individual investor. Company will invest in undervalued or pre-commercialisation firms involved in "big data, machine learning, telematics and internet of things." Chief Executive Richard Griffiths owns 72% of shares.
"Boanerges is now well positioned to take advantage of the tremendous opportunities that exist in a fast moving technology sector," Griffiths said.
Current stock price: 27.00 pence