British data group Quantexa explores UK or US IPO, sources say

LONDON, August 18 - Artificial intelligence firm Quantexa is contemplating a substantial stock market listing in either the United Kingdom or the United States, as stated by its CEO Vishal Marria to Reuters. Marria indicated that the company is not yet determined on the specific market or the timing of the public offering, and it remains an option for Quantexa to remain privately owned.

He expressed that a U.S. listing would present additional advantages over the UK market, citing a larger capital pool and the possibility of a higher valuation. Marria affirmed that Quantexa has been prepared for an IPO since January, but declined to comment on the exact timing of such an event.