Inspirit Energy Holdings (GB:INSP) has released an update.
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Inspirit Energy Holdings PLC announces a significant shift in operations as a key member of their subsidiary Inspirit Energy Limited must leave to care for a relative, causing the company to pause projects and become an AIM Rule 15 cash shell, which requires a reverse takeover within six months to avoid trading suspension. The company is now focusing on preserving cash and seeking value from developed IP, with future updates on opportunities to be provided to members.
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