Ikigai was incorporated in Guernsey in 2021 to undertake the acquisition of one or more companies or businesses that have a strong positive social impact and/or environmental, social and governance (ESG) strategy as part of their core business. On 15th September 2022, Ikigai’s shares were admitted to the Standard Listing segment on the Main Market of the London Stock Exchange under the ticker “IKIV” and ISIN GG00BPGZTM87.
Consideration for an acquisition is likely to be funded through a combination of the issuance of new ordinary shares or convertible debt securities to the shareholders of the acquisition target or through capital raised on re-admission following a reverse takeover.
While there is no restriction as to the geographical location of any target business, it is likely that the first acquisition(s) will most likely take place in the Asia-Pacific region, due to the extensive experience and network of Ikigai's management and key advisors.
In particular, any target acquisition is likely to have the following key characteristics:
• a strong positive social impact and/or ESG strategy
• an experienced management team with a proven track record;
• growth potential beyond its home market, ideally with the potential to
expand globally;
• a solid reputation with customers and/or clients; and
• shareholders who are willing to accept shares or other securities as a
significant part of the acquisition consideration.
Ikigai is able to consider acquisition targets in a wide range of sectors which have a strong ESG component.