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Market Impact: 0.35

Rift Helium launches plan to float on AIM

IPOs & SPACsCommodities & Raw MaterialsCompany FundamentalsPrivate Markets & Venture

Rift Helium Plc has secured commitments to raise about £8.0m and is targeting admission to London’s AIM in mid-April. The committed fundraising underpins the planned AIM listing and represents a material capital event for the small-cap issuer ahead of admission.

Analysis

Rift Helium Plc has secured commitments to raise about £8.0m and is targeting admission to London’s AIM in mid-April. The committed fundraising underpins the planned AIM listing and represents a material capital event for the small-cap issuer ahead of admission.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25