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Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) just unveiled an announcement.
AUCyber Limited announced that Brennan has withdrawn its non-binding, indicative, and conditional proposal to acquire all ordinary shares of the company at $0.14 per share. This decision follows the receipt of a revised offer from 5GN, potentially impacting AUCyber’s strategic positioning and future stakeholder engagements.
More about Sovereign Cloud Holdings Ltd.
AUCyber Limited is an Australian company providing comprehensive cybersecurity, secure private cloud, and managed technology services. It serves prominent enterprise and government customers with its highly secure cloud infrastructure and managed cybersecurity and consulting services. AUCyber is recognized for its innovation and quality, holding key certifications and employing Australian security-cleared professionals.
YTD Price Performance: -16.67%
Average Trading Volume: 130,260
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$20.45M
Find detailed analytics on CYB stock on TipRanks’ Stock Analysis page.
