Electric Guitar PLC (AIM:ELEG), currently a listed shell, has revealed it is actively considering several potential acquisition targets, having been presented with a number of opportunities.
The most promising of those opportunities are in the energy and AI sectors, it said.
In a stock market statement, the company also updated on administrative matters related to CVA shares and creditor claims, tied to the prior winding up of its previous business.
In London, the vehicle’s share price was up 62% at 0.077p which values it at around £1 million.