More Acquisitions is a new cash shell focused on energy transition opportunities. There is no specific type of business that is being targeted but it should get the majority of its revenues from green products so that More Acquisitions can obtain the London Stock Exchange’s Green Economy Mark. A business with significant recurring revenues and international potential would be ideal.
More Acquisitions has issued all shares at the same price and there was a cap on expenses. This means that the underlying NAV is 0.96p a share. The share price ended the first day at 1.15p (1p/1.3p). The...