New Aquis admission: RentGuarantor digital base

Gibraltar-based RentGuarantor hopes that gaining an Aquis Stock Exchange quotation will help to promote the business and finance expansion. There could also be potential add-on acquisitions or other transactions using shares.

Management intends to invest £35,000 on strengthening management, £32,000 on marketing and £50,000 on IT and working capital. The proceeds of the fundraising are expected to last for 18 months.

It seems likely that further cash will be required. The business is currently loss-making and has to grow much bigger to get to the point where it is breaking even.

The s...

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