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Amazing AI PLC on Wednesday said it had been suspended from trading on London’s Aquis Exchange following the resignation of its corporate advisor. The London-based firm provides online consumer loans and AI finance-related services. According to Amazing AI, Guild Financial Advisory Ltd, which the company had retained to comply with AQSE listing rules, did not provide a notice period before resigning from the role. As a result, Amazing AI’s shares are suspended, though the company said it is in talks to replace its advisor and resume trading ‘as soon as practicable’. In addition, the firm has hired Rosenblatt Law Ltd to provide legal counsel, as it pursues a defamation case against journalist Thomas Winnifrith and his online publication, Share Prophets Ltd. Amazing AI Chief Executive Paul Mathieson is planning separate legal action against Winnifrith and the website, for which Rosenblatt Law also will provide counsel. This comes after Amazing AI’s decision last week to scrap plans for a spin-off called Amazing AI Services Ltd, which would have been a wholly-owned Mauritius subsidiary. The decision was based on shareholder feedback, Amazing AI said. ‘The board is aware of global stock exchanges tightening of requirements for companies pursuing a digital asset treasury function and is giving consideration on how to address this and will keep shareholders informed. AAI plans to have direct exposure to digital assets in line with the Aquis Cryptocurrency Policy within its Digital Asset Treasury,’ the company added. Its shares were last quoted at 0.25 pence on Tuesday, prior to suspension. The stock had traded as high as 12.50p per share, back in March. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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