Software company cancels shares after failing in reverse takeover
Sutton Coldfield software business, 365 Agile today announced it was suspend its shares on the Alternative Investment Market after failing to secure a reverse takeover agreement.
The company’s shares closed at zero last night and in a statement to the markets it said it continued to investment opportunities.
The statement said: “Following suspension of the company's ordinary shares and as a result of the company having not yet made an acquisition, or acquisitions, which constitute a reverse takeover under AIM rules, or havin... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
