Tali Digital Ltd (AU:TD1) has released an update.
TALi Digital Ltd, a digital health company specializing in cognitive function solutions, is nearing the commercial relaunch of its TALi platform through a partnership with Genius Learning Pty Ltd, expected by the end of June FY24. The company maintains a low cash burn in alignment with previous forecasts and is actively seeking merger and acquisition opportunities to enhance shareholder value. Financially, TALi reported a modest net operating cash outflow of $0.1 million for Q3 FY24, with a closing cash balance of $2.2 million.
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