Chill Brands Group PLC ( (GB:CHLL) ) has shared an update.
Chill Brands Group plc has announced a proposed fundraising through a convertible loan note issue to support its strategic objectives for 2025, including the development of new vaping products and expansion of its marketing and distribution efforts. Despite challenges in 2024, the company continues to progress in its business divisions, preparing for a ban on disposable vape devices and expanding its chill.com marketplace and retail distribution services. The company is also working towards completing its audit process, which is crucial for lifting the suspension of its share trading.
More about Chill Brands Group PLC
Chill Brands Group plc is an international consumer packaged goods company that focuses on the development, marketing, and distribution of wellness and recreational products. The company offers proprietary nicotine-free vapor products catering to the growing market for tobacco alternatives and operates the chill.com e-commerce website, building a marketplace for third-party brands.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.89M
See more data about CHLL stock on TipRanks’ Stock Analysis page.