An update from Versarien ( (GB:VRS) ) is now available.
Versarien plc has completed the sale of its Korean plant and equipment to MCK Tech Co. Ltd, receiving a total of £611,000 including interest. This move aligns with Versarien’s strategy to monetize intellectual property through licensing, granting MCK Tech an exclusive license to use five of its patents in Korea, with potential revenue implications based on sales performance.
More about Versarien
Versarien plc is a development-led advanced materials company focused on specific sectors, aiming to implement a manufacturing-light and licensing model.
YTD Price Performance: -23.68%
Average Trading Volume: 92,046,491
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.29M
For detailed information about VRS stock, go to TipRanks’ Stock Analysis page.