Booktopia Group Ltd. (AU:BKG) has released an update.
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Booktopia Group Limited has cancelled the debt facility announced on June 3, 2024, and as a result, the related establishment fee is no longer payable. This cancellation also pertains to the proposed issue of securities as detailed in the company’s recent communications with the ASX. The reasons for this decision have been publicly disclosed, indicating a shift in the company’s financial strategy.
For further insights into AU:BKG stock, check out TipRanks’ Stock Analysis page.