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Hexima Ltd Eyes Strategic AI Firm Acquisition
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Hexima Ltd Eyes Strategic AI Firm Acquisition

Hexima Ltd (AU:HXL) has released an update.

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Hexima Limited has reported working on acquiring Real Thing Entertainment Pty Ltd, a developer of an AI platform with international reach, a significant corporate move announced on 24 July 2024. Financially, the company concluded the quarter with a cash balance of $2.2 million after spending $318k in net cash on operations, mainly on ongoing compliance and professional fees. Director’s remuneration and related expenses were reported in accordance with the ASX Listing Rule 4.7C.

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