Guild Esports (GB:GILD) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Guild Esports PLC, a global gaming-focused media company, has disclosed a precarious financial situation with a cash position of £25,000 and liabilities of £1.36 million. The company is exploring various options including additional funding, renegotiating creditor terms, and cost-cutting to manage short-term debts. Guild is also considering strategic alternatives such as asset sales or merging with a larger entity to stabilize its financial footing.
For further insights into GB:GILD stock, check out TipRanks’ Stock Analysis page.
