17th Feb 2025 18:09
Insig AI PLC - London-based data science and machine learning firm - Signs licence agreement and revenue share with JP Jenkins, the UK's largest private market place for unlisted securities. Under the deal, JP Jenkins will have access to Insig AI's transparency and disclosure index reports covering more than 40 companies listed on its platform. In return, JP Jenkins will offer Insig AI's services to the companies on its platform. The agreement is for an initial 12 month term but there is no guaranteed minimum income arising from the revenue share. Insig AI Chief Executive Richard Bernstein says: "We are delighted to be partnering with JP Jenkins. In addition to delivering annual licence income, they are an excellent distribution channel for us to access dozens of growing corporates keen to ensure that they adopt transparent disclosures."
Current stock price: 15.00 pence, up 5.3% in London on Monday
12-month change: down 14%
By Jeremy Cutler, Alliance News reporter
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