Lift Global Ventures unveils its intention to float on AQSE Growth Market

Lift Global Ventures, a financial media and technology-focused investment firm, has unveiled its intention to list on the Access segment of Aquis Stock Exchange Growth Market (AQSE).

The company, which is led by stock market commentator Zak Mir, plans to raise around £1.7m at 3p through Novum Securities, the group’s AQSE corporate adviser and broker.

The flotation is expected to value the company at approximately £2.7m upon its listing. 

Its investment strategy is focused on building a portfolio of complementary businesses within the financial media and related technology sectors from financial news websites and other forms of “new media” to technology platforms which facilitate capital raising and/or lending.

Lift said it aims to use its position ‘to not only identify compelling acquisition and investment opportunities but also to advise and add value to portfolio companies on an ongoing basis.’

The Board will include Non-Executive Chairman, Paul Gazzard, who remains a non-Executive Director of Amur Minerals and a non-Executive Director of Dukemount Capital since 2017. Paul has been involved with a number of AIM-listed companies over the last decade.

Lift’s CEO, Zak Mir, is a well-known technical analyst and stock market commentator in the UK. He has published several books on his specialism, including a former number 1 on the Amazon UK Investing Bestsellers list. To date, he has also amassed a Twitter following of over 20,000 people, who come to Zak for interviews and analysis of small cap companies.

In addition, Lift’s Executive Director, Tim Daniel, began his career at KPMG as a Chartered Accountant in Australia and has worked as an Investment Analyst at a boutique hedge fund, ILEX Asset Management, focusing on European high-yield credit markets. More recently, he has worked as a FinTech Consultant with a focus on alternative lending platforms and has been invited to speak on the UK’s R&D Tax Credit lending industry on several occasions. 

First dealings in Lift Global Ventures’ shares are expected to commence in December 2021.