Ridgecrest plc (AIM:RDGC) said on December 9, 2021 that it is in talks to invest in a hospitality-sector business after not being able to close a reverse takeover. The London-listed cash shell said the hospitality business is expected to seek a listing on the AQSE market next year. Ridgecrest's investment would be distributed to shareholders on a pro rata basis, it said.