Verditek Plc (GB:EARN) has released an update.
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EARNZ PLC, formerly known as Verditek, has transitioned to a cash shell company after selling its Solar Business and is now seeking acquisitions in the energy services sector. They’ve raised capital through equity placements to fund these acquisitions and restructured share capital to enhance liquidity. The company has announced forthcoming acquisitions of Cosgrove & Drew Ltd and South West Heating Services Ltd, which could lead to a reverse takeover and an exit from its AIM Rule 15 cash shell status.
For further insights into GB:EARN stock, check out TipRanks’ Stock Analysis page.