REG - Tekcapital plc - Portfolio Company Update:Guident Corp Proposed IPO

TekcapitalAnnouncement

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RNS Number : 1839I  Tekcapital plc  12 May 2025

The information contained within this announcement is deemed by the Company
(Companies House registration number 08873361) to constitute inside
information as stipulated under the Market Abuse Regulations (EU) No. 596/2014
("MAR"). With the publication of this announcement via a Regulatory
Information Service ("RIS"), this inside information is now considered to be
in the public domain.

12 May 2025

 

 

Tekcapital plc

 ("Tekcapital" or the "Company")

Portfolio Company Update: Guident Corp.

Confidential Submission of Draft Registration Statement for Proposed Initial
Public Offering

 

Tekcapital Plc (AIM: TEK) the UK intellectual property investment group
focused on creating valuable products that can improve people's lives, is
pleased to announce that its portfolio company Guident Corp. ("Guident") has
confidentially submitted a draft registration statement on Form S-1 with the
Securities and Exchange Commission (the "SEC") relating to the proposed
initial public offering of its common stock. The number of shares to be
offered and the price range for the proposed offering have not yet been
determined. The initial public offering is expected to take place after the
SEC completes its review process, subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities. Any offers, solicitations or offers to buy, or
any sales of securities will be made in accordance with the registration
requirements of the Securities Act of 1933, as amended (the "Securities Act").
This announcement is being issued in accordance with Rule 135 under the
Securities Act.

 

About Guident Corp.

Guident commercializes patented technology to enable safer autonomous vehicles
and devices by providing industry-leading AV remote monitoring, control,
assistance, and passenger support services. To learn more, please visit
https://guident.com/ (https://guident.com/) .

 

About Tekcapital plc

Tekcapital creates value from investing in new, university-developed
discoveries that can enhance people's lives. Tekcapital is quoted on the AIM
market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in
the UK. For more information, please visit www.tekcapital.com
(http://www.tekcapital.com) .

 

Tekcapital owns approximately 70% of Guident Corp.

LEI: 213800GOJTOV19FIFZ85

For further information, please contact:

 

 Tekcapital Plc                                                                         Via Flagstaff
 Clifford M. Gross, Ph.D.

 SP Angel Corporate Finance LLP (Nominated Adviser and Broker)                          +44 (0) 20 3470 0470
 Richard Morrison/Charlie Bouverat (Corporate Finance)
 Richard Parlons/Abigail Wayne (Corporate Broking)

 Flagstaff Strategic and Investor Communications                                        +44 (0) 20 7129 1474
 Tim Thompson/Andrea Seymour/Fergus Mellon                                              tekcapital@flagstaffcomms.com

 

 

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