NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE IN BREACH OF APPLICABLE LAWS OF THAT JURISDICTION.
Press Release
02 June 2023
Ashington Innovation plc
("Ashington" or "the Company")
Approval and Publication of Prospectus
Ashington Innovation plc, a special purpose acquisition company ("SPAC") aiming to benefit from favourable price conditions for companies in the financial services technology and deep technology sectors, announces that a prospectus ("the Prospectus") has been approved by the Financial Conduct Authority and has been published by the Company.
Copies of the Prospectus will shortly be available from the Company's registered office at 27/28 Eastcastle Street, London, W1W 8DH, as well as on the Company's website at www.ashingtoninnovationplc.com, subject to certain access restrictions.
The Prospectus will also be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
| Ashington Innovation plc |
|
| David Orchard General Counsel |
via Tancredi +44 207 887 7633 |
| SI Capital Ltd. |
|
| Corporate Broker Jon Levinson |
+ 44 1483 413 500 |
| Tancredi Intelligent Communication Media Relations |
|
| Helen Humphrey Charlie Hobbs Jasmine Gadhavi ashington@tancredigroup.com |
+44 7449 226 720 +44 7897 557 112 +44 7931 435 236 |
About Ashington Innovation plc
Ashington Innovation PLC is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector, in particular the financial services technology and deep technology sectors.
The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.
The Company is not limited to any specific geographic region in identifying its target companies. Both Jason Drummond and Jason Smart, the directors of the Company, bring a wealth of experience in founding and building successful companies across a diverse range of sectors.
www.ashingtoninnovationplc.com
Important Notices
This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in any jurisdiction including the United States, Australia, Canada, Japan or South Africa. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered, sold, transferred or delivered, directly or indirectly, in or into the United States absent registration under the Securities Act or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of the securities in the United States.
This announcement is not a prospectus and does not constitute or form part of, and should not be construed as, an offer to sell or issue, or a solicitation of any offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever.
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