StocksMedium18 September 2026
2 min read

Tekcapital's Vesari Hires Adviser for US Listing via SPAC Merger

Key Facts

1Vesari, a portfolio company of Tekcapital PLC, appointed ARC Group International as capital markets adviser to pursue a US public listing.
2Tekcapital shares listed in London rose 7% to 3.2p following the announcement.

In a move highlighting the drive for intellectual property firms to capture global market liquidity, Vesari, a portfolio company of Tekcapital PLC, has officially commenced its US listing process. According to reports, the company appointed ARC Group International as its capital markets adviser to facilitate a public debut via a merger with a Special Purpose Acquisition Company (SPAC). Following the announcement, London-listed shares of Tekcapital rose by 7% to reach 3.2p.

The listing strategy aligns with Vesari's focus on the AI infrastructure sector, supported by a patent portfolio valued at $293 million as of late June. By utilizing the SPAC structure, the company aims to bypass traditional flotation hurdles to access US capital markets directly. Per market data, the positive momentum in Tekcapital’s share price reflects investor confidence in Vesari's valuation and its plans to secure 100-megawatt power sites in the western United States.

As of the market snapshot on September 18, 2026, specific closing price levels for the primary instruments were unavailable in the pre-fetched data. Investors are now watching for further catalysts, including Vesari's planned bids for lease rights in the Great Basin scheduled for the fourth quarter. Broader market sentiment remains sensitive to upcoming global economic indicators, particularly inflation data from major economies which may influence risk appetite for venture-backed technology listings.