Tekcapital plc (LSE:TEK) has announced that its portfolio company, Guident Corp., has submitted a registration statement to the U.S. Securities and Exchange Commission in preparation for a proposed initial public offering on the NASDAQ under the ticker GDNT. Details regarding the number of shares and pricing range have not yet been disclosed. Tekcapital currently owns a 70% stake in Guident, and the IPO could have a meaningful effect on its financial position and market influence.
About Tekcapital
Tekcapital plc is a UK-based intellectual property investment group that focuses on commercializing university-developed technologies to create valuable products that improve quality of life. The company is listed on the AIM market of the London Stock Exchange.
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