London Stock Exchange welcomes 4basebio UK Societas to AIM

London Stock Exchange welcomes 4basebio UK Societas (“4basebio”, “4bb” or the “Company”) to AIM today. The Cambridge-based Company’s Ordinary Shares were admitted to trading at 8.00am on Wednesday 17th February 2021.  

The Company’s TIDM is 4BB.LON and at the Admission price of 118p, has a market capitalisation of £14.53m. No new equity has been raised.  

On 8 December 2020, the Company was spun-out of 4basebio AG (Heidelberg), which is listed on the Frankfurt Main Market, with that company now re-focusing as an investment and holding company.  

4bb is a life sciences company focused on exploiting its intellectual property in the field of gene therapies and DNA vaccines. Using its proprietary technology, 4bb is developing and supplying next generation therapeutic DNA, as well as non-viral nanoparticles for use in gene therapy delivery.

The Company’s focus is: 

•    developing a highly efficient and scalable manufacturing process for its proprietary synthetic hpDNATM with a view to manufacturing and selling large quantities of pharmaceutical grade DNA;
•    developing gene therapy delivery systems centred on non-viral nanoparticles; and
•    identifying a number of indications, where the combination of the company’s DNA and non-viral delivery system technology can be combined to progress potential gene therapies through pre-clinical development.

The immediate objectives of 4bb are to validate and scale its DNA synthesis process and advance its collaborations to facilitate the functional validation of its DNA based products and gene delivery solutions.

The Company is well-funded to achieve its development objectives, with approximate cash resources of £14.4million upon AIM admission.

Dr Heikki Lanckriet, Company CEO, commented: “We are delighted to be admitted to AIM today. As a Cambridge, UK based company with significant ambitions, we believe AIM is the ideal market to support our future growth.”

“We would like to thank London Stock Exchange for its warm welcome, and extend our thanks also to our staff, advisors and shareholders who have supported our ongoing development. We look forward to their continued support as we commence the next phase of our growth strategy.”

Quick facts

Market: AIM
Instrument market cap (£m)
Listing/Admission to trading
17 Feb 2021
Looking for new and recent issues?

More recent

London Stock Exchange welcomes the Rt Hon John Glen, Economic Secretary to the Treasury, celebrating HM Treasury UK Sovereign Sukuk

The UK Government today celebrated the listing of its second sovereign Sukuk on London Stock Exchange. The 5-year offering was for £500 million, more than double the size of the UK Government’s debut issuance and the largest sterling Sukuk issuance to date. The UK’s second Sukuk saw strong investor participation, with demand from a diverse group of high-quality institutional investors from the

Learn more
London Stock Exchange welcomes Cornerstone FS plc to AIM

The Ordinary Shares of Cornerstone FS plc were admitted to trading at 8.00am on Tuesday 6 April 2021, under the stock market ticker CSFS. The placing price was 61p per share, resulting in a market capitalisation of £12.4 million.

Cornerstone FS plc, is a cloud-based provider of international payment, currency risk management and electronic account services to SMEs. Its strategy is to

Learn more
London Stock Exchange welcomes Deliveroo Holdings plc to the Main Market

Today, the online food delivery platform Deliveroo has made a significant step in the execution of its ambitious growth plans as it begins trading on the Main Market of London Stock Exchange, having raised net proceeds of around £1.5bn. Deliveroo’s admission is the biggest in London since 2011 and the largest UK technology listing of all time.

Founded in 2013 by Will Shu, Deliver

Learn more
London Stock Exchange welcomes Digital 9 Infrastructure plc to the Specialist Fund Segment of the Main Market

London Stock Exchange welcomed Digital 9 Infrastructure plc to the Specialist Fund Segment of the Main Market today, after it raised gross proceeds of £300 million in its Initial Public Offering.

Digital 9 Infrastructure plc (DGI9) is a newly established, externally managed investment trust. It will invest in a range of digital infrastructure assets which deliver a reliable, functioni

Learn more