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ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET
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APPLICANT NAME:
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Flex Labs Inc
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APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:
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700-401 West Georgia Street
Vancouver, BC, V6B 5A1
Phone Number: +44 20 3036 7000
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DIRECTORS AND PROPOSED DIRECTORS:
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- Mike Edwards, Executive Chairman
- Elliot Fielding, Financial Director
- Robert Mayfield, 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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Flex Labs Inc (“Flex” or the “Company”) is a software business engaged in the development of advanced artificial intelligence (“AI”) middleware products, intending to offer these to business customers through a “software as a service” (SaaS) model.
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NAME OF AQUIS 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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114,110,666 Common Shares without 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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10.48%
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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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On Admission (%)
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Marallo Holdings Inc.*
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32.42
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Fidelio Partners Pte Ltd.
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22.49
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* The shares of Marallo Holdings Inc. are held by Mike Edwards.
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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 15 December 2023
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WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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https://www.flexlabs.ai/
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UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:
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30 November 2023
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