Business
NOMAD and Broker appointed for MicroSalt AIM IPO
NOMAD and Broker appointed for MicroSalt AIM IPO.
About this update from Tekcapital Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n 19 December 2022\n \n \n Tekcapital Plc\n \n \n (\"Tekcapital\" or the \"Company\")\n \n \n \n \n \n Portfolio Company Update: MicroSalt, Ltd.\n (\"MicroSalt\")\n \n \n Appointment of Nominated Adviser and Broker for Proposed AIM IPO\n \n \n \n \n \n \n \n Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF) the UK intellectual property investment group focused on creating valuable products that can improve people's lives, is pleased to announce that Zeus Capital Limited (\"Zeus\") has been appointed by portfolio company MicroSalt as its Nominated Adviser and Broker for its proposed IPO on the AIM Market in 2023.\n \n \n \n \n \n \"We are very pleased to appoint Zeus as our Nominated Adviser and Broker, to assist MicroSalt in effectuating an AIM listing and to provide capital market guidance for our global growth strategy,\" said Rick Guiney, CEO of MicroSalt®.\n \n \n \n \n \n \n About MicroSalt®\n \n \n \n MicroSalt, is the developer and manufacturer of a proprietary low-sodium salt called MicroSalt®. We are passionate about improving peoples' lives with better-for-you seasonings and snacks by taking the lead in the industry by providing the best low-sodium salt solution, based on the mechanical transformation of the salt particle itself. This solution is the only one that delivers real salt flavour because it is salt. Our new patented technology produces salt crystals that are approximately one hundred times smaller than typical table salt, delivering a powerful saltiness as the micro-grains dissolve in the mouth, with approximately 50% less sodium consumption. Additionally, the ultra-small particle size enhances product adhesion, which reduces waste and provides improved flavor consistency. MicroSalt® and SaltMe® are registered trademarks of MicroSalt Inc.\n \n \n \n \n \n To learn more about MicroSalt please visit\n \n https://www.microsaltinc.com\n \n \n \n \n \n \n Tekcapital owns approximately 97% of the share capital of MicroSalt Ltd. and approximately 73% of MicroSalt Inc. its U.S. subsidiary. \n \n \n \n \n \n About Tekcapital plc\n \n \n Tekcapital creates value by investing in new, university-developed discoveries that can enhance people's lives and provides a range of technology transfer services to help organisations evaluate and commercialise n...