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Thalassa Holdings Pressures DG Innovate for Financial Transparency

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Thalassa Holdings Pressures DG Innovate for Financial Transparency

The latest update is out from Thalassa Holdings ( (GB:THAL) ).

Thalassa Holdings Ltd, a shareholder of DG Innovate plc (DGI), has expressed concern over DGI’s financial status and lack of response to Thalassa’s proposal, which includes potentially purchasing DGI’s assets. The company’s share price has significantly declined following its decision to delist from the stock market, raising questions about its solvency and future funding arrangements. Thalassa is urging DGI’s board to disclose information regarding the company’s financial position and any funding agreements, highlighting the urgency due to the impending delisting date.

More about Thalassa Holdings

YTD Price Performance: 0.0%

Average Trading Volume: 9,015

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £4.08M

See more insights into THAL stock on TipRanks’ Stock Analysis page.

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