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An update from Tekcapital ( (GB:TEK) ) is now available.
Tekcapital plc announced that its portfolio company, Guident Corp., has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering in the United States. The IPO aims to list Guident’s shares on NASDAQ under the ticker GDNT, although the number of shares and price range are yet to be determined. Tekcapital currently holds a 70% stake in Guident, and the IPO could significantly impact its financial position and market influence.
More about Tekcapital
Tekcapital plc is a UK-based intellectual property investment group that focuses on transforming university technologies into valuable products to improve people’s lives. It is listed on the AIM market of the London Stock Exchange.
Average Trading Volume: 406,845
Technical Sentiment Signal: Strong Sell
Current Market Cap: £16.79M
For an in-depth examination of TEK stock, go to TipRanks’ Overview page.