Brief: Enwave Provides Corporate Update On Operating Subsidiary
23/01/2023 14:09
Jan 23 (Reuters) - Enwave Corp ENW.V :
* ENWAVE PROVIDES CORPORATE UPDATE ON OPERATING SUBSIDIARY
* ENWAVE CORP - WILL COMMENCE AN ORDERLY WIND-DOWN AND VALUE
MAXIMIZATION PROCESS FOR ITS OPERATING SUBSIDIARY, NUTRADRIED
FOOD COMPANY, LLC
* ENWAVE CORP - NUTRADRIED INTENDS TO FULFILL PURCHASE
ORDERS FROM
CUSTOMERS THROUGH NEXT FEW MONTHS PURSUANT TO AVAILABLE
INVENTORY
* ENWAVE CORP - MANAGEMENT BELIEVES THAT COMPLETION OF THIS
PROCESS WILL BE CASH NEUTRAL OR CASH POSITIVE TO ENWAVE
Source text for Eikon: ID:nGNXbgkzDG
Further company coverage: ENW.V
((Reuters.Briefs@thomsonreuters.com;))
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