Another blow was dealt to the London stock market today after a small-cap tech investment firm said its status as a public company was “an impediment” to growth and that its board unanimously agreed it should delist.
Quantum Exponential Group, which invests in quantum computing businesses, said it had received several “serious” expressions of interest from investors but that it had been “told repeatedly that the company's status as a publicly traded company has been one of the impediments to completing any investment agreements as these investors generally prefer to invest in private entities.”
