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The latest update is out from Falanx Group Ltd ( (GB:CHL) ).
Cloudified Holdings reported an interim loss of £237,160 for the six months to 30 September 2025 as it continued work on a proposed reverse takeover of a media, events and technology business, keeping its shares suspended and costs tightly controlled while undertaking due diligence. The RTO target has recently secured two substantial contracts with major regional and international broadcasters and appointed veteran digital media executive Rob Proctor as CEO-designate, while Cloudified has lined up a £250,000 unsecured convertible loan note from major shareholder Salonica Play LP to fund advisory fees and operations, with completion of the deal now targeted for the second quarter of 2026 and expected tax-efficient EIS/VCT status providing a potential attraction for future investors.
More about Falanx Group Ltd
Cloudified Holdings Limited is an AIM-quoted cash shell focused on executing a reverse takeover in the media, events and technology sectors. With no trading revenues and minimal operating costs, the company’s strategy is to acquire and build a scalable media-tech business, backed by majority shareholder Salonica Play LP and positioning itself to qualify for EIS and VCT investment once the transaction completes.
Technical Sentiment Signal: Sell
Current Market Cap: £118.4K
Learn more about CHL stock on TipRanks’ Stock Analysis page.