Tekcapital have announced a significant step towards the initial public offering of their portfolio company MicroSalt® with the appointment of Zeus Capital as the Nomad for an AIM listing.
The announcement signals material progress in Tekcapital’s process to list the low-sodium salt company and raise capital to accelerate growth.
“We are very pleased to appoint Zeus as our Nominated Adviser and Broker, to assist MicroSalt in effectuating an AIM listing and to provide capital market guidance for our global growth strategy,” said Rick Guiney, CEO of MicroSalt®.
MicroSalt have already made notable progress in securing a number of partnerships and distribution channels including making their SaltMe crisps available in hundreds of Kroger stores in the US.
The MicroSalt IPO will be the next in a series of successful listings by Tekcapital that includes AIM-listed Belluscura and the NASDAQ listing of Lucyd earlier this year.
Tekcapital shares were trading up 6% at the time of writing.
