About Us


About Us

About us

About Ashington Innovation


We are a Special Purpose Acquisition Company (SPAC), listed on the London Stock Exchange (LSE:ASHI) with a dual listing on the Frankfurt Stock Exchange (6FW:FRA). We pride ourselves on our ability to generate new business, even in tough economic conditions.


Our business strategy and business model depend on the successful completion of any acquisition, and on the effective and successful running of the companies or businesses acquired.

Technology focused

We look to raise capital to fund the acquisition of companies or businesses in the technology sector with a special focus on deep technology and financial services technology sectors.


We are dependent on our directors identifying suitable acquisition opportunities, and it is the Company’s intention for any acquisition to involve the Company acquiring only a single company or business at any one time.

Our Company Approach

We intend to conduct appropriate, practicable and focused due diligence in respect of any acquisitions, with the objective of identifying any material issues that may affect the decision to proceed with that acquisition.

We also intend to use information revealed during the due diligence process to formulate the business and operational planning of the enlarged business.

The Company considers that being listed on the Main Market of the London Stock Exchange is attractive both to investors and to the vendors of potential target companies or businesses. The London Stock Exchange provides access to a deep and diverse international pool of capital. As Ashington is seeking a business combination with a Company that has significant growth potential, the Company’s management believes that the accelerated access to the London Stock Exchange’s deep capital markets that our SPAC facilitates will prove attractive to prospective target firms.
Ashington Innovation's


Jason Smart


Mr. Smart has been a seed investor and founder of numerous public and private companies in his almost 20 year career in the capital markets. He was a founder and managing director of a European Financial Services company...

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Peter Presland


Peter Presland has over 45 years of experience in business, much of that at the highest levels of management within both public and private companies...

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Grant Duthie


Grant Duthie is a Partner of the Corporate & Securities Practice Group of Garfinkle Biderman LLP in Toronto, Canada. Grant's practice is focused on the areas of securities, corporate finance and mergers & acquisitions...

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Daniel Nauth


Daniel Nauth is a legal expert with over a decade of experience gained on both Wall Street in the U.S. and Bay Street, the center of Toronto’s Financial District. He has deep experience across U.S. securities and corporate law...

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Richard Paolone


Richard Paolone is the principal lawyer of Paolone Law Professional Corporation. Mr. Paolone is a Toronto-based securities lawyer where his work focuses on securities, corporate finance, and mergers and acquisitions...

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Ashington Innovation

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