Deal Alert: Streaks Gaming PLC
PKF supports Admission to the Main Market of the London Stock Exchange
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Service: Sector: We are delighted to have supported Streaks Gaming PLC on their Admission to the Main Market of the London Stock Exchange.
Streaks Gaming has raised gross proceeds of £3 million, through the placing and subscription of 100,000,000 ordinary shares of £0.001 each of the Company at 3 pence per share.
The fundraising is conditional on Admission and comprises circa £2.3 million being raised from AQRU plc, a company listed on the Access segment of Aquis Stock Exchange Growth Market, with the remaining funds being raised from institutional investors.
Streaks Gaming PLC is a developer of a conversational gaming platform and will become the first conversational gaming company to join the London Stock Exchange.
“The assistance of the Capital Markets team at PKF was highly valued in helping us close our successful admission to the Main Market. They were a pleasure to work with and we appreciated their very commercial and professional approach. This is an important step for Streaks in developing the first conversational gaming platform on the LSE.”
Nicholas Lythe, CFO
Streaks Gaming PLC
PKF acted as reporting accountant on the transaction and the Capital Markets team included Joseph Baulf, Abigail Williams and Ben Pringle.
Find out more about how our Capital Markets team can support you and your business here.