Close the Loop Ltd. (AU:CLG) has released an update.
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Close the Loop Ltd has extended the exclusivity period with Adamantem Capital until January 20, 2025, allowing further due diligence and negotiations for a potential acquisition at $0.27 per share. Although talks are progressing, there is no guarantee a binding agreement will be reached. Shareholders are advised that no action is needed at this time.
For further insights into AU:CLG stock, check out TipRanks’ Stock Analysis page.