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An update from Cuentas (CUEN) is now available.
Cuentas, Inc. faces a setback as the interested buyer for their “Brooksville Property” could not finalize the deal, leading to the termination of their sales contract. The property, bought for $5.05 million and intended to sell for $7.2 million, remains unsold despite Cuentas’s $2 million contribution and $65k in engineering costs. The company, which holds a 63% membership interest in Brooksville Development Partners, LLC, is now free to seek other buyers for the Florida-based property.
See more insights into CUEN stock on TipRanks’ Stock Analysis page.