Aquis Stock Exchange

Aquis Stock Exchange: Updated Application for Admission Announcement

Aquis Stock Exchange


12-Dec-2023 / 07:00 GMT/BST
The issuer is solely responsible for the content of this announcement.

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  ANNOUNCEMENT OF APPLICATION FOR ADMISSION TO THE AQUIS GROWTH MARKET  

APPLICANT NAME:

Flex Labs Inc

APPLICANT REGISTERED OFFICE, PRINCIPLE PLACE OF BUSINESS (IF DIFFERENT) AND TELEPHONE NUMBER:

700-401 West Georgia Street Vancouver, BC, V6B 5A1 Phone Number: [phone]

DIRECTORS AND PROPOSED DIRECTORS:

Mike Edwards, Executive Chairman Elliot Fielding, Financial Director Robert Mayfield, Independent Non-Executive Director

APPLICANT SECTOR:

Software and Computer Services

DESCRIPTION OF THE APPLICANT AND ITS ACTIVITIES:

Flex Labs Inc (“Flex” or the “Company”) is a software business engaged in the development of advanced artificial intelligence (“AI”) middleware products, intending to offer these to business customers through a “software as a service” (SaaS) model.

NAME OF AQUIS CORPORATE ADVISER:

First Sentinel Corporate Finance Limited

NUMBER, CLASS AND PAR VALUE OF SECURITIES TO BE ADMITTED:

114,110,666 Common Shares without par value

SECURITIES IN PUBLIC HANDS AS A PERCENTAGE OF THE TOTAL NUMBER OF SECURITIES IN ISSUE (excluding securities held in treasury):

10.48%

SHAREHOLDERS HOLDING MORE THAN FIVE PER CENT OF THE APPLICANT’S SHARE CAPITAL OR VOTING RIGHTS PRE- AND POST-ADMISSION:

 

Shareholder’s Name	On Admission (%)
Marallo Holdings Inc.*	32.42
Fidelio Partners Pte Ltd.	22.49

  * The shares of Marallo Holdings Inc. are held by Mike Edwards.

TIMETABLE FOR ANY OFFER OF TRANSFERABLE SECURITIES TO THE PUBLIC:

N/A

THE EXPECTED ADMISSION DATE:

On or around 15 December 2023

WEBSITE ADDRESS WHERE INVESTOR INFORMATION WILL BE AVAILABLE FOR INSPECTION:

https://www.flexlabs.ai/

UPDATE TO A PRIOR APPLICATION ANNOUNCEMENT RELEASED ON:

30 November 2023

 

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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End of Announcement - EQS News Service 1794269  12-Dec-2023