The advanced materials group faces a critical cash crunch despite narrowing losses. With dwindling reserves and uncertain funding prospects, its ability to continue operations is in question.
The specialty chemicals company has signed a new supply agreement to provide its graphene-based products to a Brazilian multinational, further strengthening their existing partnership.
The advanced materials group is seeking shareholder approval to renew its share capital authorities, which it says is necessary to provide flexibility for potential fundraising and to ensure the company can continue operating.
The advanced materials group has completed the sale of its Korean assets and granted an exclusive licensing deal, aligning with its strategy to focus on intellectual property monetization.
The advanced materials engineering group secures a one-year deferral on loan repayments, providing more time to focus on commercializing its technologies.
The specialty chemicals company reports a director has reduced their stake, but the holding remains substantial.
The specialty chemicals company has raised £246k through a discounted placing, representing 16.7% dilution for existing shareholders. The small raise raises concerns about the company's financial position and strategic direction.
The advanced materials company has agreed to extend the deadline for the buyer of its Korean assets to make the final payment, providing more time for the transaction to be completed.
The specialty chemicals company has announced a change in major shareholding, with Spreadex Ltd reducing its stake.
The engineering solutions provider announced a decrease in a major shareholder's holding, but provided limited details on the reasons.