PKF supports re-admission to Main Market of the London Stock Exchange and the acquisition of Cykel AI Plc
We are delighted to have supported Mustang Energy Plc on their acquisition of Cykel AI Plc and their re-admission to the Main Market of the London Stock Exchange. The acquisition constitutes a reverse takeover and the Group has issued 400,345,563 new ordinary shares at a price of £0.01 each, upon re-admission.
Cykel AI Plc is an AI automation platform that seeks to automate company workflows across operations, sales, marketing and more.
“We were highly impressed with the PKF Littlejohn team for their work as the reporting accountant on the prospectus used for our takeover of Cykel AI plc. Their significant expertise and dedicated support were crucial in achieving a successful transaction and we valued their contribution.”
Dean L Gallegos, Managing Director | Mustang Energy Plc
PKF acted as reporting accountant on the transaction and the Capital Markets team included Joseph Baulf and Jack Devlin.
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