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Eligo Faces Change in Audit Firm Amid Independence Concerns

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Eligo Faces Change in Audit Firm Amid Independence Concerns

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An update from Eligo S.P.A. ( (IT:ELG) ) is now available.

Eligo S.p.A. announced the resignation of RSM Società di Revisione e Organizzazione Contabile S.p.A. from its legal audit assignment due to a lack of independence. Despite this resignation, RSM will continue its audit functions until a new legal auditor is appointed, which must occur within six months. This change could impact Eligo’s operations, requiring swift action to maintain compliance and ensure continuity in financial oversight.

More about Eligo S.P.A.

Eligo S.p.A. is an Innovative SME in the fashion tech industry, listed on the Euronext Growth Milan market. It offers a unique Personal Styling service through a marketplace focused on Made in Italy excellence. The company has developed a proprietary platform, E.L.S.A., which supports a multi-brand e-commerce experience enhanced by a community of trained Personal Stylists, providing a blend of online shopping and personalized human interaction.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €11.34M

Find detailed analytics on ELG stock on TipRanks’ Stock Analysis page.

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