Sivota Plc (GB:SIV) has released an update.
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Sivota Plc, a London-listed investment firm focused on Israeli tech companies, reported a net loss of $368,000 from ongoing operations and a significant $6.0 million loss due to the bankruptcy of its subsidiary Apester Ltd. With a reduced cash position of $142,000 and no debt, the company is exploring merger and acquisition opportunities despite the need to secure additional financing amid market uncertainties.
For further insights into GB:SIV stock, check out TipRanks’ Stock Analysis page.
