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Intellectual property-focussed investor IP Group reported a net asset value of £1.19bn in its results for 2023 on Wednesady, or 114.3p per share, down from £1.38bn and 132.9p per share in 2022.

Keywords Studios reported a 13% rise in full-year revenue in its final results on Wednesday, to €780m.

Payment solutions specialist PCI-PAL announced its intention to conduct a fundraising aimed at raising up to £3.5m on Tuesday, to support its continued US expansion.

Cordel Group announced Monday that its chief financial officer, Thouraya Walker, would be taking a sabbatical of up to six months.

Mobile data computing and managed service provider Touchstar said in an update Monday that it expects its performance for 2023 to be largely in line with market expectations in terms of revenue and profit before tax.

Social media platform Reddit confirmed its intention to launch an initial public offering (IPO) on Monday, announcing an estimated valuation of up to $5.5bn.

Arecor Therapeutics updated the market on an announcement made by its subsidiary Tetris Pharma on Thursday, regarding the launch of the ‘Ogluo’ glucagon prefilled autoinjector pen in the Netherlands.

Kibo Energy announced on Wednesday that its flexible power specialist subsidiary Mast Energy Developments (MED) had struck a strategic funding partnership with RiverFort Global Opportunities PCC (RiverFort), along with a substantial funding agreement, a new capacity market contract, and the termination of the Proventure joint venture agreement.

Fusion Antibodies announced the receipt of its first purchase order under a master services agreement on Tuesday, which it agreed with a prominent diagnostics company on 14 February.

Early-stage technology investor Vela Technologies said in an update on Friday that its total assets, including cash, decreased by £0.64m or 9% during the December quarter, amounting to £6.18m.