Several U.K.-based news outlets have reported that Touch Bionics, Livingston, Scotland, has secured the services of stockbroker and advisory firm Oriel Securities, London, England, to pursue having the company listed on London’s Alternative Investment Market (AIM). AIM is the London Stock Exchange’s international market for smaller growing companies.
It was also announced in August that Touch Bionics had hired Oriel Securities to help the company secure a listing on the Scottish Stock Exchange. That initial public offering will purportedly be valued at up to £50 million (about US $84.4 million on August 5).