Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Accounting and advisory firm Gerald Edelman has advised on the successful completion of IntelliAM AI PLC’s (IntelliAM) Initial Public Offering (IPO) on the Aquis Stock Exchange.
Geald Edelman advised IntelliAM for a number of months throughout the IPO process, providing critical guidance and support to ensure a smooth and successful listing. IntelliAM began trading at 8:00 am BST on Wednesday 3 July, achieving a market capitalisation of £17.9m.
The IPO provides IntelliAM with the capital to further develop its innovative AI platform and expand its market reach.
The proceeds will be used to fund product development, sales and marketing initiatives, and potential acquisitions.
Will Abell, partner at Gerald Edelman, said: “We are incredibly proud to have supported IntelliAM in achieving this significant milestone. It’s well documented that the last year or two have been a difficult time for London’s capital markets.
“It is great to see a quality and exciting company like IntelliAM with the appetite for a London IPO and many congratulations to the company and all advisors in securing a successful listing. We look forward to seeing IntelliAM thrive over the coming months and years.”
