London’s initial public offering (IPO) pipeline is said to be growing ahead of a shake-up to UK listing rules.
“The pipeline is actually building,” London Stock Exchange chief executive Julia Hoggett said at a Financial Times event on Wednesday.
Light Science Technologies Holdings PLC (AIM:LST) has reported record revenue of £9.30 million for the 2023 financial year, a 13.8% increase from £8.17 million in the preceding twelve months.
The company said gross margin improved to 23.4% from 17.7%, driven by a combination of reduced supply chain constraints and efficient cost management.
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF), a leader in advanced MRI technology, has been selected as a featured company and poster presenter at the upcoming American Thoracic Society's 2024 Respiratory Innovation Summit.
A key gathering for those involved in pulmonary medicine, the event, which takes place from May 17-18 in San Diego, brings together over 275 global leaders from various sectors including start-ups, venture capital, and academia.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has signed a vendor financing facility agreement with mining equipment giant Caterpillar covering underground machines for the new Gilar mine in Azerbaijan.
In December, AIMC, an Anglo Asian subsidiary, took delivery and paid US$4.6 million for three R1700 underground loaders and two 980UMA underground loaders.
The recent graphite test work of Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) at four independent laboratories in Australia, Canada and South Africa has produced high-grade graphite concentrates with more than 97% total graphite content (TGC) and exceptional flotation recoveries exceeding 90%.
This work is being conducted as part of the company’s graphite marketing and active anode qualification strategy, supervised by Dr Surinder Ghag.