London Stock Exchange welcomes Sundae Bar Plc to AIM
The London Stock Exchange today welcomes Sundae Bar Plc, a unified marketplace matching AI agents with businesses, individuals and other agents, as it celebrates the Company’s successful placing and admission to trading on AIM today. Sundae Bar’s ordinary shares trade under the ticker “SBAR”.
Sundae Bar, formerly known as Kondor AI PLC, recently acquired Ora Technology PLC to accelerate the development of its sundae_bar AI agent marketplace, leveraging Ora’s ready to deploy infrastructure for secure transactions, compliance and AI agents management.
The Company’s objective is to create a unified, scalable and accessible sundae_bar platform, which simplifies the process of bringing AI agents to market. AI agents are software systems capable of autonomously perceiving their environment, making decisions and taking action to achieve specific goals on behalf of a user or another system. With AI agents emerging as a transformative force in the ever-evolving AI landscape and the AI agent market projected to grow from £5.1 billion in 2024 to £47.1 billion by 2030, sundae_bar is positioned within one of the fastest-growing segments of the AI industry.
The Company’s two-sided marketplace will allow AI developers to create, customise, manage and monetise their agents, while offering businesses and individuals a secure platform to discover, test and hire them, providing a full-service solution for this rapidly expanding market.
The Company has successfully raised £2 million through a placing. The placing proceeds and admission to AIM will facilitate the development of the sundae_bar AI agent marketplace, enhance platform capabilities and expand its reach whilst creating a foothold within a fast-moving and evolving AI landscape.
“This is a really exciting day for all of us at sundae_bar. We’ve been thrilled by the positive response we’ve received so far to our move to AIM. Our goal is to transform how AI innovation reaches users and enterprises, and successful placing and admission to AIM marks a step towards that vision.
With 2025 shaping up to be an inflection point for AI agent adoption, driven by rapid development and a clear lack of supporting market infrastructure, we believe sundae_bar is perfectly positioned to lead in this emerging space.”
Jill Kenney
Chief Executive Officer of sundae_bar
Advisors to sundae_bar are:
Beaumont Cornish Limited – Nominated Adviser and Joint Financial Adviser
Clear Capital Markets Limited - Broker
First Sentinel Corporate Finance Limited – Joint Financial Adviser
Druces LLP – Legal Advisers
Kreston Reeves LLP – Reporting Accountants
Yellow Jersey PR Limited – Financial Public Relations Adviser
