Libertine Holdings Ltd. (GB:LIB) has released an update.
Libertine Holdings PLC, a developer of Linear Generator technology, is actively pursuing a Strategic Review and Formal Sale Process to extend its cash reserves beyond mid-July 2024. The company has been engaging with potential investors and partners, but has not yet made significant progress towards a firm offer or additional capital. If no suitable developments occur by early June, the board may consider taking the company private for a structured wind-down.
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