Tiger Alpha Completes Reverse Merger of Potentially AI PLC

Tiger Alpha (TIR.L) completed the acquisition of artificial intelligence technology company Potentially AI PLC through a reverse merger, according to a Monday filing. As such, the technology and mining investor Tiger Alpha rebranded as Potentially AI and resumed trading on the London stock exchange's AIM segment. Further, Potentially AI raised 4.9 million pounds sterling through a share placement, a subscription and a retail offer. Proceeds will be used to fund product and technology development, commercial growth and working capital.