Electric Guitar Share Discussion Threads

[my retirement fund] 12/12/2024 09:56

Another AIM scam

[tomboyb] 26/11/2024 15:48

End of the line -

[tomboyb] 26/11/2024 15:47

("Electric Guitar" or the "Company")



Suspension of trading on AIM



Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, announces that the Board today requested that trading in the Company's ordinary shares on AIM was suspended pending clarification of the Company's financial position.



As a result of advanced negotiations for a substantial further investment in the Company being unexpectedly terminated on 25 November and updated trading information, the Board met this morning to consider the Company's financial position, and decided that it should consider all options for the future of the Company and that advice from insolvency practitioners should be sought.



A further update will be provided as soon as possible.



For further information:

[scepticalinvestor] 19/11/2024 21:01

Excellent place to invest your hard earned cash if you enjoy losing it all

[fillipe] 25/9/2024 10:18

ELEG - perky today and + 32%, as I type.

f

[kenwrong] 12/8/2024 07:57

A better interview, how AI needs data to work properly, and interview on the Business.

Interview

Short summary

[kenwrong] 31/7/2024 12:08

A good in depth interview with Electric Guitar CEO John Regan (strange name for a company)

30 second summary also

[burtond1] 31/7/2024 11:16

New Interview with @TMSreach A new wave of advertising has arrived, and Electric Guitar is leading the way"...You need Artificial Intelligence to analyse the way in which people are behaving to then understand why they are on a certain website..."https://total-market-solutions.com/2024/07/electric-guitar-plc-july-2024/

[felchandbart] 31/7/2024 09:24

AI will/is leading to the destruction of the human race. Stephen Hawking predicted it. Give us 50 years - tops.

[fillipe] 31/7/2024 08:34

Today's RNS hits the hotspot nicely.

f

[kenwrong] 25/6/2024 08:13

If this data change is really coming then ELectric Guitar (strange name for a company) could be a pioneer. Good interview, although John Regan (Sweeney...?) does go on a bit

[burtond1] 12/6/2024 06:02

With the 'cookie apocalypse' on the horizon, is Electric Guitar in the right place at the right time?"...With the prospect that third-party cookies will be finally swallowed by the end of the year, #ELEG is worth watching over the next few months..."https://total-market-solutions.com/2024/06/electric-guitar-plc-2/

[burtond1] 07/6/2024 06:38

The time to make acquisitions is now for Electric Guitar "...We're really keen to do at least one, maybe two, maybe even three this year..."https://total-market-solutions.com/2024/06/electric-guitar-plc-june-2024/

[burtond1] 09/5/2024 05:25

Is Electric Guitar building a stairway to AIM unicorn heaven ?"...data has been called the new oil. This is the new oil. @guitar_ltd will strike a lot of oil..." Here, #ELEG founder and CEO John Regan explains all to @copytaster ??https://total-market-solutions.com/2024/05/electric-guitar-plc-may-2024/

[hedgehog 100] 14/7/2023 13:47

07/07/2023 08:00 UK Regulatory (RNS & others) Electric Guitar Plc Proposed RTO LSE:ELEG Electric Guitar Plc

Heads of Terms signed

Proposed Reverse Takeover and Suspension of Listing

Reverse Takeover

ELEG is pleased to announce that as of 6[th] July 2023 it has entered into a non
-binding heads of terms to acquire (through a reverse takeover subject to
regulatory and shareholder approval and due diligence) all the outstanding
shares in 3radical Limited ("3radical") in an all-share transaction
("Transaction").

The Transaction is in line with ELEG's strategy set out at the time of its IPO
last year. On completion of the Transaction, ELEG's intention is to cancel its
listing on the Standard List and seek admission of its ordinary share capital,
as enlarged following completion of the Transaction, to trading on the AIM
Market of the London Stock Exchange ("Admission").

The heads of terms place an initial valuation on 3radical of £3 million, subject
to adjustments.

Suspension of Listing

The Transaction, once completed, would constitute a reverse takeover under the
Listing Rules. As ELEG is not yet able to provide full disclosure under Listing
Rule 5.6.15, it has requested from the Financial Conduct Authority, and been
granted, a suspension of listing in its shares with immediate effect pending
either the issue of an announcement providing further details on the
Transaction, the publication of a prospectus, or an announcement that the
Transaction is not proceeding. Any restoration of the listing prior to
Admission is subject to the approval of the Financial Conduct Authority. The
parties are committed to seeking a successful completion of the Transaction as
soon as practicable, but there can be no absolute certainty that the Transaction
will take place. ...

[hedgehog 100] 26/2/2023 12:11

Current share price 26th. February 2023: 2.15p
57,862,776 shares in issue
Market capitalisation: £1.244M.


"Empowering advertisers to deliver exceptional, connected
360° consumer experiences."




11/01/2022 07:00 PR Newswire (US) Electric Guitar Plc - Admission to Official List First Day of Dealings LSE:ELEG Electric Guitar Plc

"Admission to the Official List and first day of dealings

Electric Guitar PLC, a UK company established as a special purpose acquisition company to seek an acquisition target in the digital media sector, is pleased to announce that its ordinary shares of £0.005 each have been admitted to the Standard Segment of the Official List and to trading on the Main Market of the London Stock Exchange, following a successful placing of 40,000,000 ordinary shares at £0.03 pence per share raising gross proceeds of £1,200,000, before expenses.

First dealings in the Ordinary Shares are due to commence at 8am today under the ticker symbol “ELEG”.

On admission, the Company will have 57,862,776 ordinary shares in issue.

Alexander David Securities Limited acted as Corporate Adviser and Axis Capital Markets Limited acted as Placing Agent and Broker.

The Company is raising capital to fund the acquisition of a company or business in the digital media and advertising sectors. The Directors consider that admission of the Company’s shares to trading on the Main Market will be attractive both to investors under the Placing and to the vendors of potential target companies or businesses as the Company executes its investment strategy, relative to the listing or admission of the Company’s shares on a different exchange.

Company highlights
Electric Guitar was established in 2021 through the issue of shares to the founders as a special purpose acquisition vehicle which will seek an acquisition target in the digital media sector. The Company intends to act as a consolidator and operator in the digital advertising market.

While there has been some activity to date within the large capital advertising market, with the focus of legacy agencies’ increasingly on digital advertising solutions, less attention has been paid to the smaller agencies. The Directors have identified an opportunity to invest in these agencies with few or no legacy issues with technologies that can provide alternative strategies.

In light of the above, the Directors believe that there is a significant commercial opportunity in the digital advertising sector as advertisers and their customers explore different ways to reach their target audiences in the disrupted market.

The Company's prospectus published in connection with its listing is available on the Company's website at www.electricguitarplc.com.

The Directors of Electric Guitar Plc accept responsibility for this announcement.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Electric Guitar PLC

John Regan
[e-mail]
[phone]"