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ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQSE GROWTH MARKET
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APPLICANT NAME:
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Kondor AI PLC
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APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
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Registered office address: 16 Great Queen Street, London, England, WC2B 5DG
Phone Number: +44 020 3855 5551
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DIRECTORS AND PROPOSED DIRECTORS:
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- Jonathan Bixby, Executive Chairman
- Benjamin Sampson, Finance Director
- Jill Kenney, proposed Non-Executive Director
- Nicholas Hellyer, proposed Independent Non-Executive Director
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APPLICANT SECTOR:
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Software and Computer Services
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DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
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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.
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NAME OF AQSE CORPORATE ADVISER:
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First Sentinel Corporate Finance Limited
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NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
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TBC Ordinary Shares of £0.001 par value
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SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
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TBC
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SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
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Shareholder’s Name
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Pre-Admission (%)
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On Admission (%)
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Toro Consulting Ltd
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37.68%
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TBC
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Fidelio Partners Pte Ltd
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15.38%
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TBC
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Crowdform Ltd
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7.69%
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TBC
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TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
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N/A
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THE EXPECTED ADMISSION DATE:
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On or around 21 December 2023
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WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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https://www.kondor.ai/
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