AIM new arrivals March
The turbulent stock market conditions and war in Ukraine dissuaded many from venturing onto AIM, but two companies secured the necessary support. You can find out more about the newcomers in our regular free update here – the valuation of one certainly looks wacky to us! (Free to read)
At the end of March 2022 there were 844 companies on AIM, with the total market value of London's growth market £126 billion. This compares to 846 companies at the end of February, when AIM’s market value was £125 billion. There were 2 new arrivals in the month, one via a reverse takeover of an existing AIM listing, and 4 departures. Leavers in the period included Blue Prism, a previous favourite of many AIM investors, which was acquired by US based SS&C Technologies for $1.6 billion. Filta Group holdings was acquired by another AIM listed company, Franchise Brands. Onto the…