Brief: Xcel Brands Inc Says Uncertainties About Company’s Ability To Continue As A Going Concern

XCel Brands

17/04/2023 22:34

April 17 (Reuters) - Xcel Brands Inc  XELB.O :
    * XCEL BRANDS INC- UNCERTAINTIES ABOUT THE COMPANY’S ABILITY
TO
CONTINUE AS A GOING CONCERN
    * XCEL BRANDS INC- CASH AND CASH EQUIVALENTS WERE
APPROXIMATELY
$4.6 MILLION AS OF DECEMBER 31, 2022
    * XCEL BRANDS- EXPECTS TO GENERATE ADEQUATE CASH FLOWS TO
MEET
OPERATING, CAPEX NEEDS, FOR AT LEAST 12 MONTHS SUBSEQUENT TO
FILING DATE OF THIS ANNUAL REPORT ON FORM 10-K


Further company coverage:  XELB.O 

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