Why companies left AIM in August 2024

There were nine departures from AIM in August. Four were taken over, four left by choice and one had a winding up petition granted. Earnz (LON: EARN), previously Verditek, was the readmission in the period after it acquired two energy efficiency services companies.

1 August

i(X) Net Zero

Renewables and energy efficiency investment company i(X) Net Zero decided to cancel its AIM quotation. The share price slumped after joining AIM, partly because of the timing of the flotation when renewables businesses were in favour. Investor sentiment to unprofitable companies switched almost immed...

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