Brief: Sigma Additive Solutions Says Reduced Employee Headcount To 5 Employees

NextTrip

20/07/2023 21:48

July 20 (Reuters) - Sigma Additive Solutions Inc
 SASI.O :
    * SIGMA ADDITIVE SOLUTIONS INC - REDUCED EMPLOYEE HEADCOUNT
VIA
FURLOUGHS, LAYOFFS TO 5 EMPLOYEES, INCLUDING PRESIDENT AND CEO
AND CFO
    * SIGMA ADDITIVE SOLUTIONS INC - DISCONTINUED ALL PRODUCT
DEVELOPMENT ACTIVITIES AND CEASED TO PURSUE NEW CUSTOMERS
    * SIGMA ADDITIVE SOLUTIONS-AS OF JULY 14, CASH ON HAND
SUFFICIENT
TO SUPPORT CURRENT CUSTOMERS, PAY EMPLOYEE COSTS OTHER EXPENSES
THROUGH AUGUST 2023
    * SIGMA ADDITIVE SOLUTIONS INC - CONTINUE TO EXPLORE
POSSIBLE
REVERSE MERGER, SALE OF CO OR ALL OR A PORTION OF ITS ASSETS,
AND OTHER ALTERNATIVES
    * SIGMA ADDITIVE SOLUTIONS INC - ON JULY 14, EMPLOYMENT OF
STEPHAN
KUEHR, GENERAL MANAGER OF EUROPEAN OPERATIONS OF CO TERMINATED

Further company coverage:  SASI.O 

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