SDX Energy (GB:SDX) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SDX Energy PLC has announced negotiations for a new facility agreement to refinance an existing unsecured convertible loan of $3.25 million, with discussions for the new agreement currently ongoing. The company has also received approval from the lender to delay repayment, contingent on finalizing the new agreement by September 13, 2024. Shareholders will be asked to vote on this new agreement in an upcoming general meeting, with the precise date to be announced later.
For further insights into GB:SDX stock, check out TipRanks’ Stock Analysis page.