Announcement • Jun 25
Tiger Alpha Plc has completed a Follow-on Equity Offering in the amount of £0.116963 million. Tiger Alpha Plc has completed a Follow-on Equity Offering in the amount of £0.116963 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,339,260
Price\Range: £0.05 Announcement • Jun 23
Tiger Alpha Plc has filed a Follow-on Equity Offering in the amount of £0.25 million. Tiger Alpha Plc has filed a Follow-on Equity Offering in the amount of £0.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: £0.05 New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Revenue is less than US$1m (UK£233k revenue, or US$315k). Market cap is less than US$10m (UK£4.05m market cap, or US$5.48m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Apr 17
Potentially Limited signed Heads of Terms to acquire Tiger Alpha Plc (AIM:TIR) for £10 million in a reverse merger transaction. Potentially Limited signed Heads of Terms to acquire Tiger Alpha Plc (AIM:TIR) for £10 million in a reverse merger transaction on April 15, 2026. The Consideration will be satisfied in full through the issue of 2,000,000,000 new ordinary shares in Tiger Alpha at £0.005 per share (the Consideration Shares"). Tiger Alpha agreed to acquire the entire issued share capital of Potentially for a total consideration of £10 million on a cash free, debt free basis. The Consideration Shares will rank pari passu with the existing ordinary shares of Tiger Alpha. The Sellers will be subject to an eighteen-month lock-up in respect of their Consideration Shares from Completion, followed by a twelve-month orderly market period. The board of the Company will be strengthened with the appointment on Completion of Oliver Yonchev and Sukhveer Sanghera and the Rt Hon. The Lord Johnson of Lainston CBE, former UK Minister of State for Investment, former Co-chairman of the Conservative Party, and Co-founder of Somerset Capital Management, one of the UK's largest emerging market investment firms. Consequently, trading in the Company's ordinary shares on AIM will be suspended with effect on April 15, 2026 and will remain suspended from trading until such time as either the publication of an admission document or an announcement is released confirming that the Transaction is not proceeding. On Completion, the Company will be renamed Potentially AI PLC and will trade on AIM under the ticker AGI.
Completion of the Transaction remains subject to customary conditions, including shareholder approval and admission of the enlarged share capital to trading. The Company and Potentially are targeting exchange of the share purchase agreement on or before May 30, 2026 and completion by June 30, 2026. New Risk • Jan 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 94% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Revenue is less than US$1m (UK£233k revenue, or US$321k). Market cap is less than US$10m (UK£4.48m market cap, or US$6.18m). Announcement • Jan 27
Tiger Alpha Plc has completed a Follow-on Equity Offering in the amount of £1.55 million. Tiger Alpha Plc has completed a Follow-on Equity Offering in the amount of £1.55 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 413,333,333
Price\Range: £0.00375
Transaction Features: Subsequent Direct Listing Announcement • Oct 13
Tiger Alpha PLC Announces Launch of Staking Strategy on Hyperliquid (HYPE) Tiger Alpha PLC announced the launch of its staking strategy on the Hyperliquid (HYPE) network (the "Strategy"). The Company has initially allocated PS250,000 towards the Strategy and technical implementation is expected to begin in Fourth Quarter 2025, with early yield and participation metrics to be reported in the Company's year-end update. Background Staking refers to the process by which participants lock digital assets within a blockchain protocol to secure the network, validate transactions, and earn yield or governance rights in return. It underpins most proof-of-stake and delegated consensus systems, aligning network security with participant incentives. On the HYPE network, staking extends beyond traditional security provision. Participants stake assets to supply liquidity, support trading depth, and govern protocol parameters, effectively powering the decentralized exchange itself. This structure allows stakers to share in transaction fees and yield streams generated by market activity, aligning liquidity provision with network value creation. Hyperliquid is a next-generation, fully on-chain decentralized exchange (DEX) designed to deliver institutional-grade trading performance within a permissionless environment. Operating as a Layer-1 blockchain with native order book infrastructure, Hyperliquid enables high-speed, transparent derivatives and spot trading without intermediaries. Participants provide liquidity, secure the network through staking, and earn HYPE tokens proportional to their contribution to market depth, governance, and trading activity. This initiative complements the Company's Bittensor subnets, most recently announced on 30 June 2025, deepening Tiger Alpha's commitment to investing in core infrastructure across decentralized artificial intelligence (AI) and finance. The return has fluctuated over time but based on recent data it is around 2.27% to 4.50% annually. The Company can elect to re-stake the rewarded HYPE or to convert the HYPE to fiat at any time. New Risk • Jul 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.26m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-UK£237k). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£7.26m market cap, or US$9.86m). Announcement • Jul 06
Tiger Royalties and investments Plc, Annual General Meeting, Jul 28, 2025 Tiger Royalties and investments Plc, Annual General Meeting, Jul 28, 2025. Location: offices of fladgate llp, 16 great queen street, london wc2b 5dg United Kingdom Announcement • Jun 30
Tiger Royalties and Investments plc Announces the Launch of Its Second Subnet, Codenamed "Beta" Tiger Royalties and investments Plc announced the launch of its second subnet, codenamed "Beta", which will go live on 30 June 2025. The Beta Subnet will build upon the technical and operational lessons learned from Alpha and is expected to further expand the Company's protocol fee exposure and TAO emissions. Board Change • May 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Brian Stockbridge was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-UK£24k). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (UK£13k revenue, or US$18k). Market cap is less than US$10m (UK£3.61m market cap, or US$4.78m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Mar 07
Tiger Royalties and Investments plc Announces Finance Director Changes Tiger Royalties and Investments Plc announced the appointment of Mr. Nicholas ("Nick") Lyth as part-time Finance Director with immediate effect. And also with immediate effect, Raju Samtani will be stepping down from the Board to pursue various other interests. Nick Lyth is UK-based and having originally qualified as a Chartered Management Accountant has held a number of finance director and non-executive director roles with both private and quoted companies. He has extensive experience advising and acting as non-executive director to quoted companies including several AIM-traded companies. He is currently part-time finance director to a number ot Aquis and Main Market listed companies to include Cykel AI PLC and Phoenix Digital Assets plc where Jonathan Bixby, Director, is also on the boards. Nicholas James Lyth, aged 59. Present Directorships: Phoenix Digital Assets PLC, Supernova Digital Assets PLC, Streaks AI PLC, Ora Technology PLC, Cykel AI Development Limited, Cykel AI PLC, CEL AI PLC, CBRN Technologies Limited, London Carbon Exchange Ltd, Dark Peak Services Ltd, Sundae Bar Ltd. Past Directorships (within the last 5 years): Clarify Pharma Ltd, Cellular Goods Ltd, AQRU Ltd, NFT Investments Ltd, Kondor AI PLC, ChallengerX PLC, Food Forward Global Ops PLC, UniVision Engineering Ltd, Big Nature Impact Company Limited, File Forge Technology PLC, Guild Esports PLC. Announcement • Mar 06
Tiger Royalties and Investments plc Launches AI Agent Accelerator Cohort for Utility Meme Coins Tiger Royalties and Investments Plc announced the launch of its Tiger Cohort, an AI Agent Accelerator Programme. Jonathan Bixby, CEO of Bixby Technology Inc, a wholly owned subsidiary of Tiger, will lead the eight-week AI Agent Accelerator Programme. An AI Agent is a software that can be trained through prompts to autonomously perform tasks on behalf of a human being. Hosted in London this April, the Cohort's initiative is to support and develop AI-driven entrepreneurs specialising in utility meme coin projects. Utility meme coins are a type of cryptocurrency built to represent the live fiscal value of a social movement. They can also offer a range of practical applications outside of the blockchain, such as enabling transactions, providing access to communities or powering decentralised platforms. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 7x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-UK£24k). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (UK£13k revenue, or US$16k). Market cap is less than US$10m (UK£5.50m market cap, or US$6.74m). Announcement • Jan 06
Tiger Royalties and Investments plc Announces Board and Executive Changes Tiger Royalties and investments Plc announced at the general meeting held on January 6, 2025, With effect from Admission: i) Jonathan Bixby will join the Board as an Executive Director Head of Technology Projects; ii) Brian Stockbridge will be appointed as an additional independent non-executive director to support both the new technology investment strategy and governance with effect from Admission; and iii) Michael Nolan, currently a non-executive director, will resign. New Risk • Dec 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£71k free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-UK£24k). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (UK£13k revenue, or US$17k). Market cap is less than US$10m (UK£668.9k market cap, or US$852.3k). New Risk • Sep 27
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£24k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£71k free cash flow). Negative equity (-UK£24k). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m (UK£13k revenue, or US$18k). Market cap is less than US$10m (UK£802.7k market cap, or US$1.07m). Announcement • Jul 10
Tiger Royalties and investments Plc, Annual General Meeting, Aug 01, 2024 Tiger Royalties and investments Plc, Annual General Meeting, Aug 01, 2024. Location: the offices of fladgate llp, 16 great queen street, wc2b 5dg, london United Kingdom New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.07m market cap, or US$1.33m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Alex Borrelli was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 04
Tiger Royalties and investments Plc, Annual General Meeting, Jul 27, 2023 Tiger Royalties and investments Plc, Annual General Meeting, Jul 27, 2023, at 13:00 Coordinated Universal Time. Location: The offices of Fladgate LLP 16 Great Queen Street London United Kingdom Agenda: To receive and adopt the directors' report and consolidated financial statements (which include a consolidated profit and loss account and consolidated balance sheet) for the year ended 31 December 2022, together with the auditors' report contained therein; to re-appoint Shipleys LLP as auditors of the Company to hold office until the conclusion of the next Annual General Meeting at which accounts are laid before the Company and to authorise the directors of the Company to determine their remuneration; to re-appoint Michael Nolan as a director of the Company, who is offering himself for re-election; to re-appoint Raju Samtani as a director of the Company, who is offering himself for re-election; and to consider other matters. New Risk • Jun 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£139k free cash flow). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£668.9k market cap, or US$853.8k). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • May 26
Tiger Royalties and investments Plc, Annual General Meeting, Jun 27, 2022 Tiger Royalties and investments Plc, Annual General Meeting, Jun 27, 2022, at 11:00 Coordinated Universal Time. Location: 2nd Floor, 7/8 Kendrick Mews, London SW7 3HG London (United Kingdom- United Kingdom Announcement • Mar 17
Tiger Royalties and investments Plc (AIM:TIR) agreed to acquire Zamcu Exploration Pty Ltd for £0.8 million. Tiger Royalties and investments Plc (AIM:TIR) agreed to acquire Zamcu Exploration Pty Ltd for £0.8 million on March 15, 2021. In a related transaction, Tiger Royalties and investments Plc agreed to acquire 80% stake of African Pioneer Zambia Ltd for £1.9 million and Resource Capital Partners Pty Ltd for £0.35 million. These acquisitions are conditional on African Pioneer listing in London and, in conjunction with this, the company will be conducting a placing to raise GB1.75 million. Announcement • Dec 17
Tiger Royalties and Investments Plc Appoints Alex Borrelli as an Independent Non-Executive Director The directors of Tiger Royalties and investments Plc announced the appointment to the Board of Alex Borrelli as an independent Non-Executive Director with immediate effect. He was subsequently active within the investment banking sector and has acted on a wide variety of corporate transactions in a senior role for over 20 years, including flotations, takeovers, mergers and acquisitions for private and quoted companies. 