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Re-Admission to AIM and First Day of Dealings

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Potentially AI PLC has successfully completed its reverse takeover and re-admission to AIM, raising approximately £4.9 million in gross proceeds through a Placing, Subscription, and WRAP Retail Offer to fund product development, commercial growth, and working capital. The company aims to disrupt the generative AI market by offering a collective AI platform that provides users access to over 1,000 open-source models and those from frontier labs, enabling AI sovereignty without the high costs of developing proprietary models. This platform will allow users to access the right model at the right time, manage token usage, and retain control over their data, with plans to launch a consumer app, business solutions, and a marketplace in the second half of 2026.

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  • Offers users, businesses and countries AI sovereignty without the costs associated with creating frontier models
  • Collective AI platform delivering users access to the right model at the right time while managing token usage

Potentially AI PLC, the collective AI company, is pleased to announce the completion of its reverse takeover and its re-admission to trading on AIM.

Alongside its re-admission, Potentially has successfully raised approximately £4.9 million in gross proceeds across a Placing, Subscription and WRAP Retail Offer. The proceeds of this fundraising will be used to fund Potentially's product and technology development, commercial growth and working capital.

Potentially intends to deliver value to its shareholders, users and other stakeholders by taking advantage of the rapidly evolving market dynamics within the generative AI space.

Pioneering collective AI

To date, frontier labs such as Anthropic, OpenAI and Gemini (together "Frontier Labs") have been at the forefront of technological development in generative AI. Their business model attracted unprecedented levels of investment, as both the large-language models ("Models" or "LLMs") and the infrastructure to operate them have required large capital expenditure. Worldwide generative AI spending was reported to total $644 billion in 2025, an increase of 76.4 per cent from 2024. Potentially believes that investing in this way has led to high levels of waste, with newly launched Models quickly amortising in value as competing LLMs come online.

To disrupt this high cost and high spend model, the Company is building a collective AI aggregator for the AI economy. Potentially's platform will allow users to access over 1,000 open-source Models, along with those from the Frontier Labs. This will see the Models become the infrastructure for the collective economy around artificial intelligence, rather than the owners.

Sovereign AI and data protection

Fears regarding AI sovereignty have been growing, as the most powerful Models from Frontier Labs have had external access curtailed, or even revoked entirely, at short notice.

Potentially offers a scalable route to sovereign AI, supporting users, businesses and countries by hosting the world's leading open-source models, meaning that continuous access can be relied upon. This, combined with no, or limited, data retention of prompt data when individuals engage with open-source models, turns the user from a monetisable commodity via data-scraping into the key participant in the AI revolution.

Product

Potentially intends to launch three products in H2 2026. Firstly, its consumer app, which will help consumers access over 1,000 models to create AI content across all modalities. Subsequently, the Company will launch business solutions, allowing professionals and businesses to create bespoke AI and deliver control, collaboration and licencing. Finally, a marketplace that will allow users to list, licence and monetise their own AI creations, helping to engage and deliver value to individuals in the artificial intelligence economy.

Experienced leadership team

Potentially was founded by Sukhveer Sanghera and Oliver Yonchev, who will serve as Chief Architect and Chief Operating Officer respectively. Sukhveer previously led new product engineering on projects at NASA Langley, LedgerX, TD Securities and Deloitte, and was Founding Chief Technology Officer of Polymath, where he architected protocols associated with ventures valued at over $2 billion in aggregate. Oliver was previously co-founder and CEO of Flight Story, a group he built with Steven Bartlett.

Their experience is complemented by the addition of Lord Dominic Johnson, Conservative Peer, former Investment Minister, and Co-Founder of Somerset Capital Management and JC Oliver, Former Global Head of Innovation at Microsoft, to Potentially's board as Non-Executive Directors.

Oliver Yonchev, Potentially AI Co-Founder and Chief Operating Officer, said:

"Our admission to trading on AIM marks a significant milestone for Potentially and we look forward to moving forward and growing as a listed business with the support of our new shareholders.

"We were founded based on one central tenet, that we believe the future of artificial intelligence will be both collective and model-agnostic. The value that AI can create needs to be shared, beyond those that build the models, with the people and businesses creating with them. To make this idea work, we had to ensure that protection sits at the heart of our platform. Who owns and protects what is made with AI is one of the defining questions of our age, and it is the one we intend to answer. By choosing to list in London, we hope to build a sovereign champion on the world stage."

Lord Dominic Johnson CBE, Non-Executive Director, said:

"This listing marks a huge step for Potentially, and a pivotal opportunity for the UK and Europe as a whole. Through the admission to AIM, the London Stock Exchange Group has facilitated the growth of a sovereign AI company, allowing those playing catch up to regain momentum in the race being held for the next evolution of AI."

The Company's website address has changed to https://potentially.ai and includes all information required by AIM Rule 26, including Potentially's admission document published on 22 June 2026. This information can be located on the "Investors Relations" section of the website.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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