RC365 Holding said it noted the 140% jump in its share price today and referred back to the 1 June announcement about its subsidiary Regal Crown signing a non-legally binding AI development.MOU with Hatcher Group.
The plan is for Regal Crown and Hatcher to collaborate on AI solutions and other intelligent prediction algorithm models in digital wealth management solutions.
In its statement today, RC365 said Regal Crown is working to finalise a legally binding contract with Hatcher and will make a further announcement if an agreement is signed.
Shares rose 46.8p to 80p.