Verditek Plc (GB:EARN) has released an update.
EARNZ plc, previously known as Verditek, has transformed into an AIM Rule 15 cash shell after selling its Solar Business and appointing a new Board of Directors. The company is now focused on acquiring entities in the energy services sector and must complete a reverse takeover by August 31, 2024, to comply with AIM regulations. Post-disposal, EARNZ plc conducted equity placements to raise funds and restructured its share capital to improve market liquidity.
For further insights into GB:EARN stock, check out TipRanks’ Stock Analysis page.