RE: Baffling29 Jan 2026 17:25
" the Exchange has instead proposed that AIM companies that become a cash shell after a significant disposal will no longer be automatically classified as an investing company, instead being regarded as an AIM Rule 15 cash shell. Within six months of acquiring this status, the company will be required to undertake an acquisition or acquisitions constituting a reverse takeover under rule 14. Should the AIM Rule 15 cash shell not have completed such a reverse takeover within that six month period, trading in the AIM company’s securities would be suspended"