Brief: On24 Inc Committed To Restructuring Plan To Reduce Expenses On June 22

ON24

28/06/2023 11:17

June 28 (Reuters) - ON24 Inc  ONTF.N :
    * ON24 INC - ON JUNE 22, CO COMMITTED TO A RESTRUCTURING
PLAN TO
REDUCE EXPENSES
    * ON24 INC - CURRENTLY ESTIMATES IT WILL INCUR CHARGE OF
BETWEEN
ABOUT $1.7 MILLION TO $2.0 MILLION BY END OF Q2 2023
    * ON24 INC - EXPECTS PLAN TO BE SUBSTANTIALLY COMPLETE BY
END OF
Q2 2023 BUT MAY INCUR ADDITIONAL CHARGES IN FOLLOWING QUARTER

Further company coverage:  ONTF.N 

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