Wellfully Limited Navigates Administration with P&G Deal

Wellfully Limited (AU:WFL) has released an update.

Wellfully Limited, a leader in wellness technologies, has relayed positive progress in its Q2 FY2024 report, despite being under administration. They have secured a significant order from Procter & Gamble for 100,000 units of their magnetic microarray product, fulfilling half of the order with expected delivery in January 2024. Additionally, the company’s administrators are actively engaging with potential investors to explore a transaction that could conclude the administration phase.

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