hxxps://cdn.prod.website-files.com/5e7cc96730a75b1bd2d3b48a/67697d4fda9d6b1415c53a62_20241223_Xlife%20Sciences%20AG_FUSE-AI_Pineapple%20Power_EN.pdf
The proposed transaction is expected to value FUSE-AI GmbH at EUR 80-90 million, reflecting its strong market potential and technological leadership in the field of medical AI. Pineapple Power Corporation PLC intends to acquire 100% of the issued share capital of FUSE-AI GmbH, with Xlife Sciences AG, as the largest shareholder with a 42.25% stake, set to significantly benefit from this milestone transaction. This valuation and stake highlight the strategic importance of FUSE-AI GmbH within Xlife Sciences AG’s portfolio and the broader healthcare innovation landscape. |
 hxxps://www.eqs-news.com/news/adhoc/xlife-sciences-ag-announces-the-listing-of-fuse-ai-gmbh-on-the-london-stock-exchange-in-the-first-half-of-2025/2171281
Zurich, 21st of November 2024: Xlife Sciences AG (SIX: XLS) announces the planned listing of its portfolio company, FUSE-AI GmbH, on the main segment of the London Stock Exchange, following an unanimous resolution passed at the general shareholders' meeting on November 20, 2024. The listing is scheduled for the first half of 2025 and will be executed in collaboration with an experienced consortium and selected institutional investors.
FUSE-AI GmbH, a Hamburg-based company specializing in the development of AI-powered software solutions for the clinical sector, has established itself in recent years as an innovative player in the field of medical artificial intelligence and has obtained market approval. The planned listing represents a crucial step towards scaling FUSE-AI GmbH’s activities further and underscores the potential of AI-driven technologies to significantly improve efficiency and precision in healthcare delivery.
Oliver R. Baumann, CEO of Xlife Sciences AG, commented: «The planned listing of FUSE-AI GmbH on the London Stock Exchange is a significant milestone—both for the company itself and for Xlife Sciences AG’s strategy to foster innovative research and bring it to market maturity. With a strong network and strategic investors, FUSE-AI GmbH is well-positioned to establish itself as a global provider in the field of medical AI. Moreover, through the planned listing of FUSE-AI GmbH, Xlife Sciences AG is showcasing one of its preferred exit strategies.»
FUSE-AI GmbH has gained particular recognition with its AI software solution «Prostate.Carcinoma.ai», which enables radiologists to save over 30% of time in MRI image analysis and reduces the error rate significantly from an average of 14% to 1%. The software is already ready for distribution in more than 42 countries, with recurring revenues being generated through distributors. This technology forms the foundation for further growth and the expansion into new application areas in diagnostic assistance software. The planned listing is intended to support ambitious growth goals by adding new indications (e.g. breast, lung, and skin cancer) every 6-9 months using the established and Europe-approved AI backbone. |
My average is 7.5p with PNPL so let's see whether that was a good move or not! |
Yes I agree, so will take that with a small punch of salt. To be honest, I'm glad they didn't go ahead with the hydrogen related deal as that area had fallen off the radar somewhat and there's plenty of doubts there. Although we've already seen an AI frenzy there's talk of a second phase. |
Completion in Q2 2025 would be impressive. |
If it goes through which hopefully it will this time being in the main market is great news as the AIM market hasn't been so good lately and is quite frankly lacking liquidity. |
So we were suspended at 2.74p mid. Any guesses what the price will be on lifting of suspension and fund raise? Will we be higher or lower? |
What's going on here? When will suspension be lifted and deal done. I just hope these shareholders funds aren't being frittered away given the time lapsed. |
Pineapple Power Corporation PLC Notice of AGMSource: RNS Regulatory NewsRNS Number : 8730QPineapple Power Corporation PLC03 June 2024 |
RNS - strong appointments to the board |
"What’s Next for Renewable Energy? Trend Predictions for 2024
As we head into 2024, the renewable energy sector is positioned at a critical and exciting juncture, characterized by emerging trends in renewable energy that bring both challenges and opportunities for innovation. Facing global issues such as climate change and dwindling natural resources, this sector emerges as a beacon of hope, offering viable solutions and showcasing a plethora of technological advancements and burgeoning investment opportunities. This blog post delves into the anticipated trends and transformative developments poised to shape the renewable energy landscape in 2024, reflecting a dynamic field that is rapidly evolving in response to the world’s pressing environmental and energy needs.
Sustainable Energy Technological Innovations
1. Green Hydrogen’s Emergence
In 2024, green hydrogen, produced from renewable sources, is expected to become increasingly vital as an energy carrier. We anticipate major advancements in electrolyzer technology, which will significantly improve the efficiency and reduce the cost of green hydrogen production. These developments are pivotal, as they will expand green hydrogen’s viability across various sectors, including industrial processes and transportation. This evolution marks an important step in diversifying renewable energy applications and highlights the potential of green hydrogen in the broader transition to sustainable energy systems. ...
Conclusion
As we approach 2024, a landmark year for the renewable energy sector, we are witnessing emerging trends in the energy sector that are pivotal in shaping a more sustainable, energy-efficient, and environmentally conscious future. This pivotal moment marks a crucial shift towards embracing renewable energy as a core component of global energy strategies. It reflects a collective realization of the urgent need to address climate change and resource sustainability, encouraging innovative solutions and fostering a deeper commitment to preserving our planet for future generations.
BECIS is a sustainable energy solutions provider, partnering with experienced providers of Energy as a Service (EaaS) solutions. We offer a range of services, including solar energy, bioenergy, cooling, waste heat recovery, and energy analytics. Our tailored solutions help companies achieve their renewable energy goals, contributing to a cleaner and resilient energy system. Contact us today to learn more about our services." |
Strong BoD: https://www.ilioshydrogen.com/about-us/#leadership |
November 6, 2023Pineapple Power Corporation PLC (the "Company" or "Pineapple Power")Heads of Terms signedProposed Reverse Takeover of Ilios Hydrogen Canada Limited |
c.400k for a full London list SPAC? I would lay off the mind-bending drugs old love. |
By my calculations NAV is c0.5p per share. |
Anyone care to remember what the NAV is here. Way below the share price for sure |
One hopes PNPL can save lots of time and costs by refreshing docs lying in the data room from the aborted transaction. |
Let's see if we have any more luck with the new proposed acquisition. Best to get the right deal rather than rush blind into something inappropriate. |
Ah well... |
https://www.thearmchairtrader.com/element-2-hydrogen-pineapple-power-project/ |
Just pumping lots of gas |
Between December 2023 and April 2024 would be my hunch. |
Been 103 days since the last post! I wonder what is going on here? |
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