Amigo Holdings Reduces Unavoidable Expenses as Solvent Wind-Down Continues
The credit provider is reducing its unavoidable monthly corporate expenses as it continues the orderly solvent wind-down of its business.
The credit provider is reducing its unavoidable monthly corporate expenses as it continues the orderly solvent wind-down of its business.
The credit services provider announces board changes as it continues its search for a reverse takeover target to secure the company's long-term future.
The lender, now in wind-down, reports drastically reduced revenue and dwindling cash reserves. It's seeking a reverse takeover to avoid liquidation, with shareholders facing potential total loss.
The financial services provider reports progress in its wind-down process but warns of potential delisting and liquidation if a reverse takeover partner isn't found within four months. Pre-tax loss decreased, but income and customer numbers plummeted.
Credit services provider in wind-down faces uncertain future
The credit services provider has appointed an experienced investor to its board as a Non-Executive Director to assist in exploring strategic options, but the outcome remains uncertain.
Amigo Holdings, a former guarantor loan provider, is winding down operations after ceasing new lending. The company continues to report significant losses as it manages the orderly wind-down.
Struggling consumer credit provider ceases operations, begins winding down business.
Amigo Holdings PLC, a provider of mid-cost credit in the UK, is in an orderly wind-down process.
Amigo Holdings, a financial services company, is seeking funding to explore reverse takeover options as it winds down operations.