After a long period of searching for a deal, Location Sciences secured the reverse takeover of Sorted Holdings to form the renamed Sorted Group Holdings. The new business has developed delivery software for ecommerce businesses. This provides the original shareholders with a chance of making some of their money back – even if it is a small amount.
The board believes that Sorted has a scalable model that can be built upon internationally. Shareholders will have the benefit of huge amounts of investment in development for a low price. There was a nominal consideration of £66.73 and the assum...
