Announcement • Jul 10
DeFi Development Corporation UK PLC, Annual General Meeting, Jul 31, 2026 DeFi Development Corporation UK PLC, Annual General Meeting, Jul 31, 2026. Location: the offices of fladgate llp, 16 great queen street, wc2b 5dg, london United Kingdom Announcement • Jun 29
DeFi Development Corporation UK PLC Announces Board Changes DeFi Development Corporation UK PLC announced that Hadley Stern, Non-Executive Chair; Michael Chan, Chief Executive Officer; and Nathalie Maggi, Chief Financial Officer, will step down from their respective positions and will resign as directors of the Company with effect from 30 June 2026. The company announced that Gerald Tritt has been appointed a director of the company with effect from 29 June 2026. Mr. Tritt is a seasoned business leader with extensive experience in capital markets, corporate governance, and early-stage investing. He currently serves on the board as President and Chief Executive Officer of Jolt Health Inc. and as a director and Chief Executive Officer of Clara Technologies Corp. Within the past 5 years, he also served on the board of Maverick Gold and SilverCorp., where he provided strategic guidance and governance oversight. In addition to his public company experience, Mr. Trittis Co-Founder, Co-Owner, and CEO of restaurant concepts including Vera's Burger Shack. He has also consulted for international biotechnology companies on logistics and corporate strategy. As an investor in a diverse range of start-up ventures, Mr. Tritt brings deep expertise in capital markets, corporate governance, and strategic growth. New Risk • May 24
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£976k 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£2.9m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-UK£976k). Revenue is less than US$1m (UK£18k revenue, or US$25k). Market cap is less than US$10m (UK£1.40m market cap, or US$1.88m). New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 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 (22% average weekly change). Revenue is less than US$1m (UK£754 revenue, or US$1.0k). Market cap is less than US$10m (UK£1.42m market cap, or US$1.89m). Minor Risk Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Announcement • Mar 06
DeFi Development Corporation UK PLC Announces Cessation of Directors DeFi Development Corporation UK PLC announced that Robert Mayfield and Jonathan Hives, both Non-Executive Directors, will cease to be directors of the Company with effect from 4 March 2026. Ewan Collinge, Chief AI Officer, will cease to be a director following the conclusion of his notice period on September 4, 2026. Following the above changes, the Board of Directors of the Company will comprise: Hadley Stern - Independent Non-Executive Chairman, Michael Chan - Chief Executive Officer, Nathalie Maggi - Chief Financial Officer. Announcement • Nov 05
Cykel AI Development Limited Announces Board Changes Cykel AI Development Limited announced that Nicholas Lyth has resigned as Interim Chairman of the Company, effective November 3, 2025. The Board would like to take this opportunity to thank Mr. Lyth for his contributions to the Company and wish him well for the future. Michael Chan will assume the role of Chairman on an interim basis pending the appointment of a Non-executive Chairman in due course. Announcement • Aug 22
Cykel AI Development Limited, Annual General Meeting, Sep 16, 2025 Cykel AI Development Limited, Annual General Meeting, Sep 16, 2025. Location: the offices of fladgate llp, 16 great queen street, londonwc2b 5dg United Kingdom New Risk • Aug 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£6.99m (US$9.46m) 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 (18% average weekly change). Revenue is less than US$1m (UK£754 revenue, or US$1.0k). Market cap is less than US$10m (UK£6.99m market cap, or US$9.46m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Aug 13
Cykel AI PLC Announces the Launch of GTM AI Cykel AI PLC announced the launch of GTM AI, a zero- setup sales automation solution powered by the Company's autonomous AI sales agent Eve. GTM AI addresses the primary barrier limiting AI sales tool adoption across the market: setup complexity. This development will transform enterprise-grade sales automation from a technical challenge into an accessible business solution, enabling any organisation to deploy sophisticated go-to-market strategies without manual configuration. GTM AI combines Eve's autonomous capabilities with AI-powered company intelligence technology. Unlike traditional sales platforms that require extensive technical setup, GTM AI automatically understands businesses and creates sophisticated outreach campaigns immediately upon deployment, delivering enterprise-grade go-to-market capabilities without the complexity. Key GTM AI Features: Company Knowledge - Automatically learns positioning, value propositions and messaging without manual configuration. Zero-Setup - Generates sophisticated, contextually relevant outreach sequences immediately upon deployment. GTM Automation - Delivers enterprise-grade go-to-market capabilities without the complex setup. Lead Research - Identifies and researches potential customers on autopilot from lead database of 700m contacts. Announcement • Jun 10
Cykel AI Development Limited has completed a Follow-on Equity Offering in the amount of £0.750007 million. Cykel AI Development Limited has completed a Follow-on Equity Offering in the amount of £0.750007 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,609,000
Price\Range: £0.023
Transaction Features: Subsequent Direct Listing Announcement • Jun 03
Cykel AI Development Limited Unveils Eve, Advanced Ai Sales Agent Cykel AI PLC announced the launch of Eve, an autonomous AI sales agent designed to revolutionize B2B sales operations and accelerate revenue growth. This addition to Cykel's digital worker portfolio follows the successful deployment of Lucy (recruitment) and beta release of Samson (research), strengthening the Company's position in the rapidly evolving AI agent ecosystem. Eve has been designed to deliver value across the entire sales funnel, with key capabilities including: Autonomous Prospecting: Identifies and qualifies high-value prospects from company databases and open web sources; Automated Outreach Campaigns: Executes personalised email campaigns with natural language tailored to prospects; Lead Qualification & Nurturing: Manages ongoing prospect relationships through intelligent follow-up sequences that respond to prospect engagement; CRM Integration & Management: Seamlessly integrates with existing CRM systems to maintain accurate sales records and intelligence. Eve operates on Cykel's proprietary TaskOS infrastructure, which powers their entire suite of agents. The Company is working with select customers on initial Eve deployments, with broader availability planned in the coming months. The expansion comes as Cykel continues to secure enterprise-level commercial agreements, including the recent deployment of Lucy, Cykel's AI recruitment agent, with Transpharmation Ltd., validating the Company's ability to monetise its digital worker technology across high-value sectors. Announcement • May 27
Cykel AI Development Limited has filed a Follow-on Equity Offering in the amount of £0.75 million. Cykel AI Development Limited has filed a Follow-on Equity Offering in the amount of £0.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Subsequent Direct Listing Announcement • May 16
Cykel AI PLC Announces the Launch of Deep People Search Cykel AI PLC announced the launch of Deep People Search, a tool that harnesses neural search technology to identify optimal candidates from over 300 million professional profiles. This addition to the Company's portfolio further reinforces Cykel's position as a pioneer in AI-powered recruitment solutions. Deep People Search uses meaning-based search powered by vector embeddings, rather than relying on traditional keyword matching. The tool enables businesses to locate hard-to-find profiles that would otherwise remain undiscovered through conventional search methods. Key features include: Semantic understanding of recruitment search queries; Neural search across 300 million professional profiles; Customisable filtering capabilities; Integration with Cykel's digital worker ecosystem. This launch aligns with Cykel AI's strategy of building a comprehensive ecosystem of autonomous digital workers, with Deep People Search complementing the Company's existing portfolio, which includes Lucy (recruitment), Samson (research analysis) and Eve (sales), all built on Cykel's proprietary TaskOS infrastructure. Announcement • Mar 21
Cykel AI PLC Announces Beta Launch of AI Research Agent Samson to Democratise Access to Enterprise-Level Research Cykel AI PLC announced the beta launch of Samson, an autonomous AI research agent that performs the work of multiple specialised business analysts at a fraction of the cost. In an industry that has traditionally been reserved for big businesses, Samson makes professional-grade analysis accessible to businesses of all sizes. Following the successful deployment of Lucy, a recruitment digital worker, Cykel's expansion into the market research and business intelligence industry represents a significant opportunity for companies to transform how they access critical insights, and instant scale, allowing them to compete with larger organizations. This launch comes at a crucial time as AI adoption among small businesses is accelerating rapidly. According to a recent Census Bureau analysis cited by Forbes, small companies have seen the second-highest increase in AI usage since September 2023. Currently in beta, Samson responds to research topics by searching both public internet and private data sources to perform in-depth, high-quality research comparable to a junior analyst at a consultancy. He generates a research plan, searches for sources, reads them, iteratively refines his understanding with additional sources, and compiles findings into a searchable knowledge base. Samson is being developed to execute multiple professional analyst functions including: Market Research Analysis - Identifies target demographics, tracks consumer behaviour trends, evaluates competitors, and assesses market opportunities with the same rigor as dedicated marketing analysts; Operations Research - Optimises business processes, supply chains, and resource allocation through quantitative analysis and modelling techniques traditionally performed by operations specialists; Economic Research - Monitors macroeconomic indicators, analyses industry trends, and forecasts market conditions that typically require specialised economic analysts; Financial Analysis - Evaluates company financial performance, prepares financial models, and assesses investment opportunities with the precision of dedicated financial analysts; Equity Research - Analyses investment opportunities, valuates companies, and provides detailed reports on potential investments similar to specialised equity research team. This launch strengthens Cykel's growing portfolio of specialised AI agents built on TaskOS, the company's proprietary AI agent infrastructure. With affordable AI agents now available via subscription plans ranging from $30 to $500 per month based on features and usage, solutions like Samson are poised to become standard operating models for businesses of all sizes. Announcement • Mar 03
Cykel AI Announces Advanced AI Recruitment Agent Now Available for Hire at $1.63/Day, Delivering 5-10x Output Cykel AI PLC announced an advancement in its artificial intelligence (AI) digital worker as Lucy, an AI-powered recruitment agent, demonstrated advanced end-to-end automation of recruiting processes. The company targeted HR and recruitment as its first market, recognizing that the combination of high-volume repetitive tasks, massive market size, and need for efficiency in talent acquisition made it ideal for AI agent deployment. At $1.63/day, Lucy delivers 5-10x the output of traditional recruitment processes while reducing human time spent on repetitive tasks by 95%. Lucy's capabilities include: Sources high-quality candidates from 210m profiles, Sends personalized messages to prospects, Screens, ranks and shares opinion on inbound CVs, AI "brain" trained on company hiring data, Simple integration with existing HR systems, Multi-language. This milestone comes as the global AI industry, currently valued at $184 billion, is projected to reach $862 billion by 2030, with the specialized AI agent sector expected to grow at a CAGR of 44.85% to reach $47.1 billion in the same period. This announcement reinforces Cykel’s position as an industry leader in AI-powered workflow automation. The Company's expanding portfolio includes Eve (sales) and Samson (research analysis), built on TaskOS - Cykel's proprietary AI agent infrastructure. Announcement • Feb 26
Cykel AI PLC has completed a Follow-on Equity Offering in the amount of £0.8 million. Cykel AI PLC has completed a Follow-on Equity Offering in the amount of £0.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: £0.032
Transaction Features: Subsequent Direct Listing Announcement • Dec 12
Cykel AI PLC Announces Development of Two New Ai-Powered Digital Workers for Sales and Research Cykel AI PLC announced the expansion of its digital worker portfolio with the development of two new autonomous AI agents: Eve, a sales specialist, and Samson, a research analyst. This strategic expansion is expected to position Cykel AI to capture a significant share in the rapidly growing AI market and reinforces its commitment revolutionizing workplace automation through specialized digital workers. This development initiative comes at a pivotal moment in AI's evolution, where autonomous digital workers are emerging as a transformative force in the $800 billion AI market projected for 2030. Cykel AI's specialized agents represent the next wave of AI deployment, moving beyond basic automation to deliver skilled, autonomous workers that integrate seamlessly into existing business operations. Eve, the autonomous sales agent, is intended to drive revenue acceleration through: Fully automated sales pipeline management and lead generation; AI-powered prospect qualification with 24/7 engagement; Predictive analytics for sales strategy optimization; Enterprise-grade CRM integration; Samson, the AI research analyst, is intended to deliver strategic advantage through: Real-time market intelligence and competitive analysis; Automated industry research and trend forecasting; Comprehensive report generation and data synthesis; Custom research workflow automation. Once completed, these autonomous digital workers are expected to make advanced AI technology accessible to businesses of all sizes, seamlessly integrating into existing teams to deliver productivity gains while significantly reducing operational costs. The development builds on Cykel AI's track record of successful deployments and strategic partnerships. Eve and Samson are expected to be available for deployment in First Quarter 2025, with several pilot programs planned with strategic partners. Announcement • Oct 30
Cykel AI Expands Product Offering with New Recruitment-Focused Automation Workflows Cykel AI PLC announced the launch of a suite of recruitment-focused automation workflows designed to streamline end-to-end processes and high-volume tasks. This launch builds upon Cykel's successful partnerships with multiple recruitment firms, including Chaptr,an innovative recruitment startup specialising in hiring across Engineering, Product, Data, and Leadership. This launch comes at an optimal time to meet thegrowing demand for AI solutions in the talent acquisition space. Key Features: Automated candidate screening and CV analysis. Job description generation and optimisation. LinkedIn integration for AI-powered candidate sourcing. AI interview analysis and candidate scoring. Automated personalised candidate engagement campaigns. Integration with leading Applicant Tracking Systems (ATS). These workflows are designed to reduce time spent on repetitive recruitment tasks, allowing recruitment professionals to focus on making better hiring decisions faster. The solution leverages Cykel's advanced AI capabilities to automate key stages of the recruitment lifecycle, from initial candidate sourcing through to final placement. With the UK recruitment industry valued at tens of billions of pounds annually, the adoption of AI technology has become crucial for maintaining competitive advantage. Research indicates that recruitment professionals spend up to 70% of their time on repetitive tasks that could be automated, representing a significant opportunity for AI-powered solutions to transform the industry. As organizations face increasing pressure to hire efficiently in a competitive talent market, AI automation tools have become essential for modern recruitment operations. Announcement • Oct 08
Cykel Announces Appointment of Ewan Collinge as Chief Executive Officer Cykel announced that Ewan Collinge, co-founder of the Company, has been appointed as Chief Executive Officer. The appointment will take effect immediately. Ewan is an experienced entrepreneur and technologist. He has launched ventures in AI, payments, blockchain, consumer tech and gaming, including as founder of Cykel AI PLC, Kondor AI PLC and Ora Technology PLC. He also founded Crowdform which has created digital products for over 75 startups as well as major companies like Shell and Sony. Ewan is also an investor and advisor to startups in the UK and Canada. Announcement • Oct 02
Cykel AI PLC Plans to Develop an AI Agent Platform Cykel AI PLC announced its plans to develop an AI agent platform, marking a significant step forward in the Company's mission to create an intelligent automation layer for digital work. Key Highlights: Cykel is developing AI agents, capable of autonomously executing complex workflows; Builds upon Cykel's extensive experience in AI automation; Designed to reduce time spent on digital tasks and drive positive ROI; Enhances Cykel's existing suite of AI automation tools; Addresses rapidly growing global demand for AI solutions; and Expands on existing partnerships across diverse industries. AI agents are digital workers designed to autonomously execute workflows traditionally performed by employees, unbundling complex tasks into manageable components and delivering tangible work outputs. AI agents promise to significantly reduce time spent on digital tasks, and enable businesses to operate at unprecedented scale and speed using teams of digital workers alongside their human employees. Powered by AI and built for enterprise, Cykel's solutions demonstrate that AI automation is not limited to any single sector, but rather offers enormous potential for businesses across the economic spectrum. The introduction of AI agents is set to further expand Cykel's capacity to serve these and additional industries, providing tailored solutions for each sector's unique challenges. The development of AI agents builds upon Cykel's extensive experience in designing systems that expand the functionality, reliability, and application of AI automation. This initiative leverages the company's deep expertise in creating practical, scalable solutions for businesses across various sectors. The development of AI agents represents Cykel AI's ongoing commitment to responsible innovation in the AI automation space, providing businesses with cutting-edge tools to enhance productivity, reduce repetitive tasks, and drive efficiency across all sectors. Announcement • Sep 11
Cykel AI PLC Expands Platform Accessibility with Launch of Web App Cykel AI PLC announced the launch of its new web app, expanding the accessibility and feature set of its cutting-edge AI automation platform. The Cykel web app provides an alternative platform for users to run and manage their automations, offering greater flexibility and accessibility across different devices and work environments. This expansion ensures that all team members can leverage Cykel's powerful AI automation tools in the manner most suitable to their individual needs and preferences. The web app launch is accompanied by the release of additional integrations, further expanding the capabilities of Cykel's AI automation platform. These new integrations enhance the platform's ability to connect with a wider range of tools and services, providing users with even more opportunities to streamline their operations. Cykel AI's web app maintains the company's commitment to robust security and data protection, ensuring that users can confidently manage their automations and sensitive data across multiple access points. This launch represents Cykel AI's ongoing dedication to innovation in the AI automation space, providing businesses with cutting-edge tools to enhance productivity, reduce repetitive tasks, and focus on strategic initiatives. 
