Complii Fintech Solutions Ltd (AU:CF1) has released an update.
Complii Fintech Solutions Ltd is set to sell its Registry Direct business to its founder in a deal aimed at refocusing the firm on its core market. The $3.85 million transaction, subject to shareholder approval, is expected to conclude by September 30, 2024, and will see the company retain a service relationship with Registry Direct. This strategic move is designed to consolidate Complii’s position in the Australian equity capital markets and streamline its product and customer service offerings.
For further insights into AU:CF1 stock, check out TipRanks’ Stock Analysis page.