(MorningStar.uk) Quantum Exponential Group PLC starts trading on London’s Aquis Stock Exchange and is seeking investment opportunities in the quantum technology sector. Aquis Stock Exchange (AQSE) is a primary and secondary market for equity and debt securities*
Quantum Exponential Group PLC commences trading on the AQSE Growth Market following a successful placing by Oberon Capital of 55.9 million shares, raising GBP2.8 million. Added to a pre-IPO fundraise of GBP2.4 million, the company has raised GBP5.2 million in total.
Quantum Exponential now has 328.4 million shares issued overall, with a market capitalisation of GBP16.4 million.
“We are delighted to announce the successful completion of our admission to trading with today’s listing on London’s AQSE marking a major milestone for us,” says Chief Executive Officer Martin Schwedler.
“I welcome new shareholders to the company and thank them for their support. We will seek to make investments in our clearly defined target list of opportunities to build an initial portfolio of leading businesses at the forefront of quantum technology,” Schwedler adds.