TIR

Tiger Alpha PLC

Financial Services First-pass screen £4.05m

300/1000 Overall fit

AI beneficiary 35% 42

Operating leverage 25% 25

Valuation 25% 25

Downside protection 15% 22

First-pass take

Strategic pivot to AI/crypto venture incubation (AROK VC launched early 2025) with explicit AI focus, but zero product revenue and persistent losses. Negative equity, unproven business model with extreme share dilution (9x expansion post-raise), and auditor-flagged going-concern issues make this speculative early-stage bet with minimal downside protection.

Flags

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