Satsuma Technology PLC, AI infrastructure and revenue generator
Satsuma Technology provides subnet infrastructure and develops revenue generating AI agents to power the next generation of decentralized AI services.
Satsuma Technology PLC is incorporated under the laws of England and Wales under the Companies Act 2006 and the company number 13279459. The Company’s shares are traded on the main market of the London Stock Exchange. The Company is headquartered in London, UK.
The Company’s principal activity is to establish a global AI-focused business.
There are no restrictions on the transfer of ordinary shares in the Company.
Total issued share capital of the Company is 491,800,200 shares with a nominal value of £0.001 each.” ("Ordinary Shares").
Each Ordinary Share ranks pari passu for voting rights, dividends and return of capital on winding up. Except as disapplied, Shareholders will have preemption rights which will generally apply in respect of future share issues for cash. No pre-emption rights exist in respect of future share issues wholly or partly other than for cash.
No securities are held in treasury. There are no restrictions on the transfer of shares.
Legal Entity Identifier:984500FV43C9G16DK633 , ISIN: GB00BMFCRZ80, SEDOL:BMFCRZ8 , Stock Exchange ticker SATS
Significant Shareholders
Roundhouse Digital Pte Ltd 75,000,000 15.25%
Supernova Digital Assets Plc 76,332,000 15.52%
Toro Consulting Limited 39,200,000 7.97%
Pioneer Media Holdings, Inc. 20,000,000 4.07%
Flatiron Labs Inc. 63,686,535 12.95% (1)
David Samuel Raphael 28,000,000 5.69%
Ryan Douglas Faber 24,000,000 4.88%
1. Flatiron Labs Inc is a company 100% owned by Ryan Douglas Faber
As a company with a Listing in the Transition Category, the Company is not required to comply with the provisions of the Corporate Governance Code published by the Financial Reporting Council. Nevertheless, the Directors are committed to maintaining high standards of corporate governance and, so far as is practicable given the Company's size and nature, adopts and complies with the QCA Code on a comply or explain basis.
The Directors are aware that there are certain provisions of the QCA Code with which the Company is not complying. The Company will report to its Shareholders as to its compliance with the QCA Code on an ongoing basis and will publish an updated corporate governance statement from time to time.
Company Secretary:
Nicholas Lyth
Registered Office:
16 Great Queen Street, London WC2B 5DG
Registrar:
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
Bristol BS13 8AE
Solicitors to the Company:
Fladgate LLP
9th Floor
16 Great Queen Street
London WC2B 5DG
Corporate Adviser:
First Sentinel Corporate Finance Limited
Ground Floor, 72 Charlotte Street
London W1T 4QQ
Auditors and Reporting Accountants:
Kreston Reeves LLP
168 Shoreditch High St,
London E1 6RA
Broker:
Fortified Securities
162 Buckingham Palace Rd,
London SW1W 9TR
First Sentinel Corporate Finance Ltd
020 3855 5551
Henry K Elder
Chief Executive Officer
BTC treasury strategies for numerous public and private companies across the United States, Canada, Japan and Europe.
Henry previously built and led a US$1.5bn digital asset treasury and wealth management platform as a Managing Director at Wave Digital Assets. There, he provided strategic treasury guidance to major blockchain foundations like Polygon and Cardano, before founding and growing the firm's Decentralised Finance (DeFi) practice to over $500 million in sophisticated DeFi yield strategies. This work in structuring bespoke, yield-generating investment programs for institutional-grade partners directly informs his current focus on applying advanced treasury strategies for corporate bitcoin balance sheets.
Matt Lodge
Chairman
Matthew has deep industry experience in successfully scaling tech businesses and a strong focus on companies at the intersection of crypto & AI.
Jonathan Jachym
Non-Executive Director
regulators, and industry stakeholders. He leads a team responsible for shaping positive policy outcomes and oversees international market expansion to support global distribution of Kraken's multi-asset products and services.
Jonathan has been a prominent voice in shaping financial market and crypto policy in the U.S., UK, EU and other major developed and emerging markets. Prior to joining Kraken, Jonathan held senior roles at major financial institutions including London Stock Exchange Group (LSEG), where he was Managing Director, Global Co-Head of Government Relations and Regulatory Strategy, and CME
Group (Chicago Mercantile Exchange), where he served as Executive Director of Government Relations. His career also includes a tenure as Legal and Regulatory Counsel at the U.S. Chamber of Commerce.
Darcy Taylor
Non-Executive Director
