Libertine Holdings Ltd. (GB:LIB) has released an update.
Libertine Holdings PLC, a developer of Linear Generator technology, is exploring strategic options, including a potential sale, to maximize shareholder value post-IPO progress. The company is considering additional equity raising or a complete sale in response to the need for increased resources to advance their technology platforms into full commercialization. The formal sale process will be conducted under the UK Takeover Code, but there is no certainty of a transaction or its terms.
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