XLMedia (GB:XLM) has released an update.
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XLMedia has completed the sale of its North America business to Sportradar AG for $20 million, positioning itself as a cash shell under AIM Rule 15. While XLMedia plans to remain on AIM until receiving final payments from previous asset disposals, it anticipates the suspension of its shares in May 2025, followed by trading cancellation later that year.
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