Nicholas Hellyer, proposed Independent Non-Executive Director
APPLICANT SECTOR:
Software and Computer Services
DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:
The Company intends to operate a software business engaged in the development of advanced artificial intelligence (“AI”) products with a particular focus on vision-based AI, intending to offer these to business customers through a “software as a service” (SaaS) model.
The company’s main product will be the Kondor AI app, which will analyse pictures and live photos, providing solutions to questions and challenges based on visual input.
NAME OF AQSE CORPORATE ADVISER:
First Sentinel Corporate Finance Limited
NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:
TBC Ordinary Shares of £0.001 par value
SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):
TBC
SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:
Shareholder’s Name
Pre-Admission (%)
On Admission (%)
Toro Consulting Ltd
37.68%
TBC
Fidelio Partners Pte Ltd
15.38%
TBC
Crowdform Ltd
7.69%
TBC
TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:
N/A
THE EXPECTED ADMISSION DATE:
On or around 21 December 2023
WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:
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