This technology solutions provider faced a challenging year with a 63% revenue decline and worsening cash position. Despite improved margins, the company's transition strategy carries high execution risk and funding requirements.
The technology company has received a notice of allowance for a key routing patent in the US, strengthening its intellectual property position.
The technology company updates on its near-term and long-term PON strategy, highlighting progress in discussions with leading PON vendors and potential co-funding arrangements.
The technology solutions provider has announced a change in shareholding, with one individual now holding 3.08% of the company's total issued share capital.
The technology solutions provider has successfully completed all required payments to creditors under its previously approved settlement arrangement.
The technology company has raised £800,000 through a discounted share placing, with the new shares issued at a 26.67% discount to the previous closing price.
The technology solutions provider has corrected the time of its upcoming Extraordinary General Meeting.
The technology solutions provider reported a significant decline in revenue and an EBITDA loss, highlighting short-term challenges and the need for additional funding.
The technology solutions provider has secured a contract extension with a major U.S. aerospace customer, generating additional revenue in the coming months.
The technology solutions provider has called an extraordinary general meeting to seek shareholder approval for increasing its authorized share capital and the disapplication of pre-emption rights.