RNS Number : 6290B AIQ Limited 11 January 2018
11 January 2018
For Immediate Release
("AIQ" or the "Company")
Share Price Movement
The Directors of AIQ Limited (LSE: AIQ), which commenced trading on the London Stock Exchange's Main Market for listed securities on 9 January 2018 at 8 pence per ordinary share, notes the recent significant increase in the Company's share price. Whilst the Company is not aware of any specific reasons that support this increase, however, the size of the fund raise (net proceeds of £3.6m) and the clean nature of the special purpose acquisition company ("SPAC") may have contributed to this rise.
AIQ is a SPAC incorporated in the Cayman Islands, formed to undertake one or more acquisitions of target companies or businesses in the e-commerce sector.
AIQ Limited +44 (0) 754 900 5681 Graham Duncan, Chairman
VSA Capital Limited (Financial Adviser & Corporate Broker) +44 (0) 20 3005 5000 Andrew Raca
L&S Group Limited (Listing Coordinator) +44 (0) 7496 493 656 Ivy Wang