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Ingenta Buys Minority Stake in AI-based Legal Software Company FirstAida

MT Newswires·08/06/2026 04:01:36
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04:01 AM EDT, 08/06/2026 (MT Newswires) -- Ingenta (ING.L) acquired a 24.9% interest in FirstAida, an agentic artificial intelligence-based legal software and services provider, and secured an option to buy the remaining 75.1%. The British software company will purchase the initial stake by transferring and issuing 798,061 shares, according to a Thursday release. It can secure the remaining stake by issuing another 1,958,876 new shares. Ingenta expects FirstAida to complement its intellectual property and rights management offering.