LONDON: Cel AI Plc (LSE: CLAI), a U.K.-based AI agent deployment platform with a strategic focus on Bitcoin treasury management, announced Friday its intention to seek admission to the Aquis Stock Exchange Growth Market (AQSE Growth Market), effective Sept. 1.
The company also plans to cancel its listing on the London Stock Exchange (LSE), pending shareholder approval at a general meeting scheduled for Aug. 20 at the offices of Fladgate LLP in London.
A circular outlining the proposed delisting will be posted to shareholders on Aug. 4 and made available online. If approved, the final day of trading on the LSE will be Aug. 29, with the delisting becoming effective at 8 a.m. on Sept. 1.
Cel AI said the move is necessary to advance its Bitcoin treasury strategy, which it claims is incompatible with current LSE listing rules. The company currently holds 5.28 BTC, following a disposal of 3.42 BTC on July 17, and plans to continue acquiring Bitcoin after its AQSE admission.
“Our proposed move to the Aquis Stock Exchange Growth Market marks a pivotal step for Cel AI,” said Olivia Edwards, executive chair of Cel AI. “By shifting our listing, we unlock the flexibility needed to execute our Bitcoin treasury strategy aggressively—an essential component of our long-term vision.”
The company said the transition will enhance its ability to deliver shareholder value and strengthen its financial resilience.