12th May 2025 10:10
Sundae Bar PLC - London-based company developing its sundae_bar platform, which will provide tools for creating and monetising AI agents - Will change name from Kondor AI PLC and move listing to AIM from Aquis Stock Exchange, effective from June 2. The shift follows Kondor's acquisition of Ora Technology PLC, which has infrastructure that supports secure transactions, compliance and AI agents management. As part of the listing on AIM, Sundae Bar will raise GBP2 million from the placement of 25.0 million new shares, giving it an opening market capitalisation of GBP33 million. The AIM listing will be led by Clear Capital Markets Ltd as broker and Beaumont Cornish Ltd as nominated adviser.
By Tom Waite, Alliance News editor
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