London Stock Exchange welcomes Hiro Metaverse Acquisitions I S.A to the Main Market

London Stock Exchange welcomes Hiro Metaverse Acquisitions I S.A., a special purpose acquisition vehicle sponsored by Hiro Sponsor I LLP, an affiliate of Hiro Capital, to the Main Market under the ticker symbol HMA1.

Founded by Luke Alvarez, Sir Ian Livingstone CBE, and Cherry Freeman, three senior leaders with an established track record of entrepreneurship and investment in the video gaming, digital sports and technology sectors, Hiro Capital invests in high-growth video games, esports, interactive streaming, gamified fitness and metaverse technology innovators.

The founding team has an established track record of entrepreneurship and investment across video gaming, software and technology, having collectively co-founded and invested in over $9 billion worth of companies in these sectors, from start-ups to IPO in London and New York.

HMAI intends to focus on targets operating in the sectors of video games, esports, interactive streaming, GenZ social networks, connected fitness & wellness and metaverse technologies (which have a combined market size in excess of US$350 billion) with principal business operations in the UK, Europe or Israel.

The HMAI team believes that Games and the Metaverse are the next major computing platform and will constitute a large proportion of the new economy of the 2030s. The Metaverse leaders of tomorrow will create gaming and gamified experiences with significant potential to scale and deliver shareholder value. Many of these future Metaverse leaders will emerge from the convergence of the Video Games, Connected Wellness, Dsports and Esports sectors.

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
118.15
Listing/Admission to trading
02 Feb 2022

Luke Alvarez, Chief Executive Officer of HMAI, said:

“Games are now the biggest media sector worldwide and are where the next big computing platform - the Metaverse - is emerging. With almost 3 billion gamers worldwide, games technologies have expanded beyond Game Studios into Digital Assets, Creator Platforms, Web3 Worlds and even Digital Fitness and Wellness - so the opportunity for innovators is large. With HMAI, the sponsor founders and the Hiro fund are investing capital into bringing a high-quality, later-stage business in the UK/European Games, Digital Sports and Metaverse space to the public market.”

Looking for new and recent issues?

More recent

31.36
London Stock Exchange welcomes The Arab Federation of Capital Markets.

  General Overview 

The Arab Federation of Capital Markets (AFCM) is the Arab industry group for Exchanges and Clearing houses, and Financial Institutions around the Arab regions. It was established in 1978 to be the guiding body for the Arab Stock Exchanges, under the recommendation of the Arab Central Ban

Learn more
121.96
London Stock Exchange welcomes EnSilica plc to AIM

EnSilica is a designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit). ASICs are Integrated Circuits or semiconductor chips developed for a particular use or product rather than for general purpose usage.  ASICs help differentiate products through optimised hardware making products smaller, faster, lower power, improved security, add

Learn more
60.84
London Stock Exchange Group welcomes The Future Investment Initiative Institute, celebrating the launch of the FII regional summit “Inclusive ESG for Emerging Markets”

The Future Investment Initiative (FII) Institute is a new global nonprofit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive and committed to ESG principles, the FII Institute fosters great minds from around the world and turn ideas into real-world solutions in four critical areas: AI and Robotics, Education, Healthcare and Sustainability. The FII Institute

Learn more
European Assets Trust PLC celebrates 50 years.

This year, European Assets Trust PLC celebrates its fiftieth anniversary since launch in May 1972. The Company was created in 1972 following the acquisition of a Dutch investment company ‘Mijbeb NV’ by a consortium of United Kingdom institutional investors and the appointment of a predecessor of BMO Investment Business Limited as its Manager.

Initially the Company was listed solely on

Learn more