Brief: Themaven Inc Says Maven Continues To Provide Guidance For 2020 Annual Revenue To Be Greater Than $115 Mln

Paradium.AI

05/06/2020 22:23

June 5 (Reuters) - Themaven Inc  MVEN.PK :
    * THEMAVEN INC - MAVEN CONTINUES TO PROVIDE GUIDANCE FOR
2020
ANNUAL REVENUE TO BE GREATER THAN $115 MILLION
    * THEMAVEN INC - BASED ON CURRENT INTERNAL ESTIMATES,
BELIEVE IT
HAS SUFFICIENT CAPITAL TO SUSTAIN OPERATIONS INDEFINITELY
    * THEMAVEN INC - MAVEN WAS ABLE TO LIMIT LAYOFFS TO 9% OF
WORKFORCE, IMPLEMENT PAY REDUCTIONS TO ONLY HIGH-SALARIED,
SENIOR PERSONNEL
    * THEMAVEN INC - FOLLOWING FILING OF UPDATED FINANCIALS WITH
SEC,
MAVEN INTENDS TO UPLIST TO A MAJOR EXCHANGE
    * THEMAVEN INC - DESIGNATED JOHN FICHTHORN AS COMPANY'S
EXECUTIVE
CHAIRMAN

Source text for Eikon:  ID:nBw8gcpG5a 
Further company coverage:  MVEN.PK 

 ((Reuters.Briefs@thomsonreuters.com;))