Corporate Broking News – Falcon Acquisitions

27 March 2017

Shard Capital Partners (‘Shard Capital’)

Shard Capital acts as Broker on Falcon Acquisitions’ Successful £4 million Placing and Re-admission on LSE

Shares in Falcon Acquisitions have today been re-admitted to trading on the Official List of the London Stock Exchange’s Main Market following the completion of the acquisition of Orbital Multi Media Holdings Corporation and its wholly owned subsidiaries, Quiptel Hong Kong Limited and Quiptel Shenzen Co. Limited (together, the “Quiptel Group”) and Teevee Networks Limited (“Teevee”) by way of a reverse takeover. In conjunction with the Re-Admission, Falcon completed a £4 million fundraising which was supported by Shard Capital Corporate Broking.

Falcon is focused on advancing its rapid growth strategy aimed at taking advantage of explosive growth in demand for digital video, known as the Over-the-Top (“OTT”) market. The OTT is a rapidly growing market which delivers multimedia content via smart televisions, phones and tablets. The market is ushering in a revolution in the broadcasting landscape through the delivery media content, to a new generation of users. The OTT market is expected to grow to US$31.6 billion in 2019 from just US$4 billion in 2014. Part of Falcon’s revenue model is based on licensing out its Q-Flow software, which is proven to deliver seamless video streaming and put an end to the ‘buffering’ problem currently facing the digital streaming market.

Following the acquisitions of Quiptel, Teevee and Teevee Makers, the Company is in a position to build a vertically integrated OTT business delivering curated content, seamless streaming and direct distribution to customers, globally. Falcon is run by a seasoned management team which intends to acquire controlling stakes in assets or businesses, to allow the Company to implement a strategy to generate substantial value for shareholders.

Gert Rieder, Executive Chairman of Falcon, said: “Shard Capital has been instrumental to our re-listing and with the support and expertise of the team, we have successfully raised the funds that will enable us to advance our strategy and develop Falcon into a significant player in the global OTT market.”

Damon Heath, Partner at Shard Capital, said: “Shard Capital has considerable experience and expertise in helping companies of all sizes grow, both on the public markets and privately, and we will continue to provide support to Falcon, as the team focuses on building a UK based technology and media champion.”