RE: Going to get interesting1 May 2026 13:46
Acceler8 Ventures PLC - acquisition vehicle - Pretax loss in 2025 widens to GBP167,089 from GBP160,480 in 2024. No revenue is reported in either year. In April, fellow London-listing Intuitive Investments Group said it agreed a possible reverse takeover deal with Acceler8 Ventures. It values Intuitive at GBP600 million. Under the agreement, shareholders in Intuitive Investments will receive 2.6052 Acceler8 Ventures shares for each one in IIG held. Acceler8 says on Thursday: "AC8 has received irrevocable undertakings to support the offer from shareholders owing 25% of IIG's current share capital. The tie up with IIG and its associated primary investment Hui10 Inc, is exactly the type of opportunity that we have been seeking out since listing AC8 in 2021, and we will be making the requisite updates to shareholders in due course."