i(x) Net Zero Plc

Equities

IX. JE00BP4DVJ57

Investment Management & Fund Operators

Delayed London S.E. Other stock markets 02:59:59 2024-05-24 am EDT			5-day change	1st Jan Change
18.25 ^GBX	0.00%		-2.67%	-23.96%

May. 17	Panthera achieves majority stake in Kalaka project	AN
Apr. 22	EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings	AN

I(x) Net Zero increases Sustainable Living investment

June 16, 2023 at 05:34 am EDT

i(x) Net Zero PLC - London-based investment company focusing on energy transition and sustainability in the built environment - Has agreed to invest an additional USD150,000 in Sustainable Living Innovations through an unsecured convertible promissory note, to protect its interest in SLI as it moves towards an initial public offering. SLI is a building technology and product development company based in Seattle. i(x) Net Zero previously participated in SLI's USD53 million accelerated growth round to allow SLI to further expand in the US. i(x) Net Zero says SLI is expected to reach its IPO in the fourth quarter this year.

i(x) Net Zero Chief Executive Officer Par Lindstrom says: "We are very pleased to have the opportunity to support SLI as it continues to innovate in the field of sustainable accommodation. We look forward to working closely with the team at SLI to support their deSPAC transaction and demonstrate further growth for our shareholders in the i(x) Net Zero portfolio."

Current stock price: 12.00 pence, down 5.9% on Friday

12-month change: down 65%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about i(x) Net Zero Plc

Panthera achieves majority stake in Kalaka project	May. 17	AN
EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings	Apr. 22	AN
I(x) Net Zero investee extends acquisition deadline to June	Jan. 02	AN
I(x) Net Zero starts reaping rewards from investee sale	Nov. 17	AN
I(x) Net Zero hails subsidiary's increased loan facility	Nov. 03	AN
I(X) investments LLC Announces Increase in Loan Facility of $11.75 Million	Nov. 03	CI
Oxy Low Carbon Ventures, LLC completed the acquisition of remaining 67.83% stake in Carbon Engineering Ltd. from i(x) Net Zero Plc (AIM:IX.) and others.	Nov. 02	CI
I(x) Net Zero says Enphys acquisition deadline extended	23-10-09	AN
AIM WINNERS & LOSERS: Oracle Power raises funds at steep discount	23-10-04	AN
I(x) Net Zero portfolio company ends combination plan	23-10-04	AN
EARNINGS: i(x) Net Zero swings to profit, Zephyr falls to loss	23-09-29	AN
Earnings Flash (IX.L) I(X) NET ZERO Posts H1 EPS $0.76	23-09-29	MT
I(x) Net Zero Plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
I(x) Net Zero invests USD600,00 into Citron Energy	23-09-25	AN
CITRON ENERGY, Inc. announced that it has received $0.6 million in funding from i(x) Net Zero Plc	23-09-24	CI
I(x) Net Zero investee finds acquisition in Latin America	23-08-25	AN
I(x) Net Zero gains as Occidental to buy Carbon Engineering	23-08-16	AN
Oxy Low Carbon Ventures, LLC entered into a definitive purchase agreement to acquire remaining 67.83% stake in Carbon Engineering Ltd. from i(x) Net Zero Plc (AIM:IX.) and others for approximately $1.1 billion.	23-08-14	CI
I(x) Net Zero to invest further USD2.5 million into Enphys Management	23-08-07	AN
Enphys Management Company, LLC announced that it expects to receive $2.5 million in funding from i(x) Net Zero Plc	23-08-06	CI
AIM WINNERS & LOSERS: i(x) Net Zero surges as BP invests in WasteFuel	23-07-06	AN
I(x) Net Zero shares rocket as BP invests USD10 million in WasteFuel	23-07-06	AN
I(x) Net Zero increases Sustainable Living investment	23-06-16	AN
Sustainable Living Innovations, Inc. announced that it has received $0.15 million in funding from i(x) Net Zero Plc	23-06-15	CI
I(x) Net Zero turns to loss in 2022 on lower fair value improvement	23-06-13	AN

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Company Profile

i(x) Net Zero Plc is a Jersey-based investing company. The Company focuses on energy transition and sustainability in the built environment. The Companyâs aim is to generate long-term capital growth for its shareholders, principally by creating, funding, partnering with or developing companies that are committed to the areas of energy transition and sustainability in the built environment. The Company's primary focus is to invest in order to realize equity or equity-like returns. The Company has invested in biofuels, direct air carbon capture, renewable energy, sustainable workforce housing and sustainable energy efficient apartment buildings for the urban core. It operates in the United States.

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Investment Management & Fund Operators

Calendar

2024-06-03 - Q4 2023 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.1825 GBP

Average target price

1.1 GBP

Spread / Average Target

+502.74%

Consensus

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