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Roundhouse shares jump as starts trading on Aquis in London

ALN

Roundhouse Digital Ltd on Friday started trading on London’s Aquis Growth Market.

The Singapore-based technology company specialising in artificial intelligence agent deployment infrastructure said it raised £1.1 million via placing 27.7 million shares at 4 pence per share.

On admission, Roundhouse Digital had 250.2 million shares in issue and a market capitalisation of around £10.0 million.

Roundhouse Digital shares jumped 38% to 5.50 pence each on late Friday morning in London, giving it a market capitalisation of £13.8 million.

Chief Executive Officer Matthew Lodge said: ‘The admission to AQSE today marks an important milestone for Roundhouse. As an AI technology company with an Ethereum-denominated treasury, this listing provides a strong public-market framework as we continue to scale our core AI business and execute against a clearly defined growth roadmap. As we enter our next exciting phase of growth, we look forward to delivering value for our shareholders, both those who have supported us to date and those who will join us along the way.’

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