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The latest announcement is out from Falanx Group Ltd ( (GB:CHL) ).
Cloudified Holdings Limited has appointed Robert Proctor as a Non-Executive Director with immediate effect and intends to elevate him to Chief Executive Officer upon completion of a proposed reverse takeover. Proctor brings extensive experience from leadership roles at AIM-listed Audioboom, US social media platform Reality Digital, online advertising provider Adify Corporation, and internet access firm Simply Internet, as well as current and recent directorships in several technology and media-related companies, a move that positions Cloudified to strengthen its executive bench and governance ahead of a significant corporate transaction.
More about Falanx Group Ltd
Cloudified Holdings Limited is a company listed on London’s AIM market, operating in the technology sector. While the release does not detail its specific products or services, the firm is pursuing a reverse takeover transaction, indicating an active strategy to expand or reposition its business within the market.
Technical Sentiment Signal: Sell
Current Market Cap: £118.4K
Learn more about CHL stock on TipRanks’ Stock Analysis page.