Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Aoti, Inc.
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT IS NOT A PROSPECTUS NOR AN ADMISSION DOCUMENT. NEITHER THIS ANNOUNCEMENT, NOR ANYTHING CONTAINED HEREIN, SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION. INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SECURITIES REFERRED TO IN THIS ANNOUNCEMENT EXCEPT ON THE BASIS OF INFORMATION CONTAINED IN THE ADMISSION DOCUMENT (THE \"ADMISSION DOCUMENT\") WHICH WAS PUBLISHED BY AOTI, INC. (THE \"COMPANY\") ON 14 JUNE 2024 IN CONNECTION WITH THE ADMISSION OF THE ISSUED AND TO BE ISSUED SHARES OF COMMON STOCK (THE \"SHARES\") TO TRADING ON AIM (\"ADMISSION\"). A COPY OF ANY ADMISSION DOCUMENT PUBLISHED BY THE COMPANY IS AVAILABLE FOR INSPECTION ON THE COMPANY'S WEBSITE AT WWW. AOTINC.NET.\n \n \n18 JUNE 2024\n \n \nAOTI, INC. (the \"Company\" or \"Group\" or \"AOTI\")\n \nADMISSION TO TRADING ON AIM AND FIRST DAY OF DEALINGS\n \nRealising the potential of differentiated technologies in driving sustained healing of\n\"hard-to-heal\" chronic wounds\n \nSuccessfully raised £35.1m for itself and certain selling shareholders\n \n \nAOTI, INC., a medical technology group with a mission to help all people with chronic conditions get back to living their lives to the fullest, is pleased to announce the admission of its shares of common stock of the Company (\"Common Shares\") to trading on the AIM market of the London Stock Exchange Group plc. The Company has successfully raised gross proceeds of £19.5 million through a placing of 14,772,918 newly issued Common Shares at a placing price of 132 pence per Common Share (the \"Placing Price\"). In addition, gross proceeds of £15.6 million were raised for certain selling shareholders through the placing of 11,818,336 existing Common Shares at the Placing Price.\n \nAOTI's market capitalisation at the placing price of 132 pence per common share on admission will be approximately £140 million. Dealings in the common shares of the Company will commence today at 08.00 BST, under the ticker \"AOTI\"...