Brief: Bidstack Group Says Has Decided To Initiate A Strategic Review
05/02/2024 07:26
Feb 5 (Reuters) - Bidstack Group PLC:
* BIDSTACK GROUP PLC - UPDATE ON CLN, FINANCIAL UPDATE &
STRATEGIC REVIEW
* BIDSTACK GROUP PLC - AT 31 JANUARY 2024 GROUP'S UNAUDITED
CASH
BALANCE WAS APPROXIMATELY £1.4M
* BIDSTACK GROUP- WITHOUT FURTHER EXTERNAL FUNDING, ASSUMING
CO
CANNOT UTILISE MORE FUNDS FROM CLN, ONLY SUFFICIENT CASH
RESOURCES TO END OF MARCH 2024
* BIDSTACK GROUP PLC - MUST ALSO CONSIDER OTHER FUNDING
ALTERNATIVES AND HAS DECIDED TO INITIATE A STRATEGIC REVIEW
Further company coverage: BIDS.L
((Reuters.Briefs@thomsonreuters.com;))
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