Libertine Holdings Ltd. (GB:LIB) has released an update.
Libertine Holdings PLC, a developer of Linear Generator technology, has announced a suspension of trading following its failure to secure expected funds from Equity Investors or acquire short-term funding. The company is considering insolvency proceedings due to its current financial challenges, with a decision pending on the next steps. This setback comes despite Libertine’s established technology platforms and a decade of development in clean and efficient power generation.
For further insights into GB:LIB stock, check out TipRanks’ Stock Analysis page.
