Page 11 - Invoke Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Atom Bank to ponder Spac  Atom Bank also revealed it is considering a stock market listing via a so-called ‘blank cheque’ vehicle, in a hectic day for the tech sector. Mark Mullen, the digital bank’s boss, said the option of floating through a special purpose acquisition company (Spac) was ‘interesting and intriguing’. Spacs have become a popular way for tech companies to list because they allow the firms to bypass the traditional float process.  Online used car platform Cazoo, which the Daily Mail and General Trust owns shares in, recently unveiled plans to float in New York via ...

Darktrace’s success is clear, though the future of one of its founding partners, Mike Lynch, remains up in the air as he fights extradition over fraud allegations.

Darktrace on Monday announced plans for an initial public offering on the London Stock Exchange.

Last modified on Mon 12 Apr 2021 06.14 EDT The cybersecurity firm Darktrace has announced plans to float on the London Stock Exchange, in a move that will reportedly value the Cambridge-based company at £3bn. It is the first big company to have chosen the City for its initial public offering (IPO) since Deliveroo’s disappointing stock market debut last month. Darktrace, founded in Cambridge in 2013, employs more than 1,500 staff globally and is backed by the tech entrepreneur Mike Lynch. It claims to have been the first to use artificial intelligence to detect and tackle cybersecurity...

Listing will be the first flotation on the London Stock Exchange since Deliveroo flop