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Amte Power falls in trading debut on LSE | 12 March 2021 - Vimarsana News

Amte Power falls in trading debut on LSE | 12 March 2021

12 March 2021 | 08:47am StockMarketWire.com - Lithium-ion battery cells maker Amte Power fell after making its trading debut on the AIM Market of the London Stock Exchange. Shares of Amte were 9% lower. AMTE Power was co-founded in 2013 by Kevin Brundish, together with several others, including former colleagues from QinetiQ, with the objective of developing a portfolio of lithium-ion and lithium-ion derivative battery cells to meet the needs of specialist customers. The company raised about £13.7 million, before expenses, ahead of its listing, giving it valuation about £61 million. Stor...