Aim Bulletin
Electric Guitar becomes cash shell as subsidiary enters liquidation
Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December.
Logistics Development redeems £10m investment, plans tender offer
Investing company Logistics Development Group announced the redemption of its £10m investment in Nash Squared's loan notes on Tuesday, following the disposal of the NashTech division by the Power of Talent Midco.
Roadside Real Estate swings to full-year profit
Roadside Real Estate reported a profit after tax of £43. 2m in its final results on Tuesday, a significant swing from the prior year’s £10. 2m loss, largely driven by discontinued operations, including a £41m non-cash gain from the partial sale of Cambridge Sleep Sciences (CSS).
Cohort acquisition of EM Solutions pushed back to February
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Gemfields says operations could be hit by Mozambique unrest
Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Mindflair raises £0.49m through share placing
Next-generation artificial intelligence specialist Mindflair announced on Tuesday that it has raised £0. 49m through a share placing.
Power Metal deal to buy into GSAe reaches second phase
Power Metal Resources updated the market on its agreement to acquire a 75% stake in GSA Environmental (GSAe) on Tuesday - an engineering technology firm specialising in industrial waste remediation and metal extraction.
Weiss Korea reports 'good progress' with strategic review
Weiss Korea Opportunity Fund reported “good progress” in its ongoing strategic review on Tuesday, following its last update on 4 November.
Windward shares soar on £216m takeover offer
Israeli maritime tech group Windward has received a £216m takeover offer from a US private equity firm that has been unanimously recommended by its directors, causing shares to soar early on Tuesday.