Ashington Innovation PLC is a United Kingdom-based special purpose acquisition company (SPAC). The Company is formed for the purpose of acquiring a company or business in the technology sector that it would develop and grow. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation, by taking advantage of opportunities to invest in the technology sector (in particular, the fintech and deep tech sectors) and operating the companies or businesses that it acquires. The Company has no business operations and does not generate any revenue.
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