Brief: Goodbye Kansas Group Announces Short Term Financing Deficit

Goodbye Kansas AB

16/02/2024 11:09

Feb 16 (Reuters) - Goodbye Kansas Group AB  GBKG.ST :
    * ANNOUNCES SHORT TERM FINANCING DEFICIT
    * WAS INFORMED BY CLIENT THAT AN AGREEMENT WOULD NOT BE
CONCLUDED
    * IN A LATE STAGE OF NEGOTIATIONS REGARDING A SIGNIFICANT
ORDER,
AMOUNTING TO APPROX. 30 MSEK
    * FACES A SITUATION WITH A FINANCING DEFICIT FOR FIRST HALF
OF
2024
    * ESTIMATES THAT THERE IS SUFFICIENT WORKING CAPITAL TO
COVER
COMPANY'S CAPITAL NEEDS UNTIL MID-MARCH 2024
    * BOARD OF DIRECTORS IS REVIEWING ALL POSSIBLE OPTIONS TO
RESOLVE
SITUATION

Source text for Eikon:  ID:nMFNbjdyS7 
Further company coverage:  GBKG.ST 

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