Termination of Potential Acquisition

GS Chain PLC

28 July 2026

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED WHICH, BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, FORMS PART OF UK LAW. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

GS Chain PLC
("GS Chain" or the "Company")

Termination of Potential Acquisition

Request for Lifting of Temporary Suspension

Termination of Proposed Acquisition

GS Chain Plc, a UK company admitted to the Equity Shares (Shell Companies) category of the Official List of the Financial Conduct Authority (the "Official List") and to the main market of the London Stock Exchange ("Main Market"), announces that the proposed acquisition of GMM Acquisition Corp, Inc ("GMM") that was previously announced on 17 February 2026 ("Potential Acquisition") has been terminated by mutual agreement of the respective boards and management of the Company and GMM.

As the Proposed Acquisition is not proceeding, the Company will be making an application to the FCA to lift the temporary suspension and restore the listing of its ordinary shares of £0.000167 each on the Official List and to trading on the Main Market of the London Stock Exchange and will update the market accordingly.

Strategy

GS Chain was initially formed for the purpose of acquiring an interest in an operating company or business within the technology sector. The Company's initial areas of focus include businesses leveraging advanced technology in the automotive, fintech, real estate, banking, finance, telecommunications and blockchain industries, although the Board may consider opportunities in other sectors where it believes they would be suitable for the Company.

The directors of the Company will therefore continue to focus on identifying and completing an alternative acquisition that supports its strategy and has the potential to deliver long-term value for its shareholders.

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For further information please contact:

Paul Carroll, Director	[e-mail]
Bowsprit Partners Limited, Financial Adviser John Treacy / Luis Brime	[phone]

Caution regarding forward looking statement:

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward-looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

 

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