Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Mode Global Holdings Plc, a UK based founder led fintech group, on its £40.3 million IPO on the Standard Segment of LSE’s main market.
Mode has successfully raised £7.5 million (before expenses) by way of a placing of 15 million new Ordinary Shares with institutional and other investors at a price of 50 pence per Ordinary Share.
Mode’s offering includes a digital wallet that allows users to manage traditional and digital assets such as bitcoin in the same app; Mode’s proprietary bitcoin interest-generating account called Bitcoin Jar; and WeChat & Alipay payment processing and market services for U.K. and European companies looking to access Chinese markets.
Jonathan Rowland, Founder & Executive Chairman of Mode said: “We’re incredibly proud to be one of the first financial services companies with a consumer-focused digital asset offering to list on London Stock Exchange’s Main Market. The admission of Mode during the COVID crisis is a huge achievement and part of our aim to bring much-needed credibility and transparency to both FinTech and digital asset industries.
Jeffreys Henry LLP acted as the Reporting Accountant in respect of the IPO.
INTRODUCTORY MEETING
CONTACT US TO ARRANGE AN INTRODUCTORY MEETING, OR FOR A QUOTE.
NICK MICHAELS
Partner - Capital Markets
Throughout his career, Nick has extensively worked with public listed companies, including those listed on the LSE Standard List, AIM, Aquis (NEX) and CSE listed companies, during a time of accelerated growth, reverse takeovers and mergers and acquisitions.
SANJAY PARMAR
Partner - Capital Markets
Sanjay qualified as a Chartered Accountant in 1990. He is a corporate specialist with a client base in various sectors. Sanjay is the lead auditor on over 21 of our listed companies and has acted as the Reporting Accountant on a number of IPO’s and reverse transactions. He has extensive experience in the application of International Financial Reporting Standards (“IFRS”) and undertaking investigating accountant assignments on acquisitions.
RELATED NEWS
Audit of Government Grants
Grants such as Innovate UK, Smart, Horizon 2020, Edge 2021, UK Space Agency, the Regional Growth Fund, and the Future Fund require an audit to be […]
Celebrate International Women’s Day 2022 With Us!
Jeffreys Henry is committed to the progression of equality for all women and so in recognition of International Women’s Day 2022, we wanted to share the experiences of some of the wonderful women working with JH, as well as their perspectives on how things have progressed for women working in accounting. A big thank you to all the women who shared their inspiring stories with us! Together, we can #BreakTheBias.
Jeffreys Henry Advise Aptamer Group plc on £80.7m AIM IPO
Jeffreys Henry, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has advised Aptamer Group Plc on its £80.7 million AIM IPO. On Admission, the market capitalisation of Aptamer Group was approximately £80.7 million. The Placing raised gross proceeds of £10.8 million and attracted strong support from high-quality institutional investors.
Jeffreys Henry advise Technology Minerals Plc on £27.3m LSE IPO
Jeffreys Henry, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Technology Minerals Plc on its £27.3 million IPO on the Standard Segment of LSE’s Main Market.
How our Software Supports Remote Audits
However, advances in technology enables audit firms to complete jobs remotely by accessing documentation through online portals and completing assignments in the cloud. Benefits to audit clients include shorter assignments and streamlined queries, with audit quality also being improved.
Using New Technology to Streamline the Audit Process
Recent advances in technology are making it remarkably easier for audit firms and clients to collaborate and generate valuable insights into risk and company performance. Technology […]
Jeffreys Henry advise Poolbeg Pharma Plc on £50m AIM IPO
Poolbeg Pharma, a spin out of Open Orphan, has successfully raised £25 million (before expenses) and lists with a market capitalisation of £50 million. Poolbeg Pharma is a clinical-stage infectious disease pharmaceutical company. Their novel capital light clinical model enables them to develop multiple products faster and more cost effectively than the traditional biotech model.
Jeffreys Henry Advise Vector Capital Plc on £16m AIM IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has advised Vector Capital Plc on its […]
Jeffreys Henry Advise Intuitive Investments Group on £7.85m AIM IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has advised Intuitive Investments Group on its […]
Jeffreys Henry Advise Anemoi International on LSE IPO
Jeffreys Henry LLP, the award-winning provider of audit, tax and advisory services to LSE, AIM and Aquis listed companies, has recently advised Anemoi International (“AMOI”) on its IPO on the Standard Segment of LSE’s main market.
