Guernsey-based Inteliqo Ltd plans to become a distributor of a range of technology products. The first is an earbud that can translate 42 languages in real-time. The management believes that the flotation will help it to gain and collaborate with clients and resellers.
There is limited liquidity with little more than 2% of the shares not held by the five main shareholders. A lock-in agreement means that more than 90% of the shares cannot be sold for 12 months. This is reflected in the bid/of...
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