Ikigai Ventures Ltd is looking to acquire businesses with a positive social impact strategy, particularly those based in Asia. This could be a technology-based business. The plan would be to help existing management to expand globally.
The cash raised will finance ongoing costs and due diligence and any acquisition would require a further share issue.
There were no trades reported on Thursday or Friday. The share price has risen to 55.5p (53p/57p). The cash in the bank is equivalent to nearly 17p a share. The lack of liquidity means that the shares should be left alone until there are m...
