Electric Guitar PLC

Electric Guitar PLC (ELEG) was admitted to Main Market on Jan 11, 2022 as a cash shell, raising £1.2M at 3p per share. Its market capitalization at admission was about £1.7M. Brokers: Axis Capital Markets Limited (placing agent and broker) and Alexander David Securities Limited (corporate adviser).

Electric Guitar PLC is a special purpose acquisition company seeking to acquire a digital media or digital advertising business, acting as a consolidator of smaller agencies.

Type

SPAC / cash shell

Market

Main Market · Standard

Ticker (TIDM)

ELEG

Admitted

Jan 11, 2022

Offer price

3p

Raised

£1.2M

Market cap at admission

£1.7M

Brokers

Axis Capital Markets Limited (placing agent and broker) and Alexander David Securities Limited (corporate adviser)

Sector

Media

Country

United Kingdom