Libertine Holdings Ltd. (GB:LIB) has released an update.
Libertine Holdings PLC, a renewable energy technology firm, is exploring sale options for its subsidiary Libertine FPE Limited or its assets, appointing Interpath Advisory as their consultant. The company is awaiting a £220,000 loan expected by mid-September, which precedes a larger £2 million investment, to maintain operations amid financial uncertainties. If the loan fails to materialize, the company may face insolvency, with unclear outcomes for shareholders.
For further insights into GB:LIB stock, check out TipRanks’ Stock Analysis page.