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Hellenic Dynamics Faces Setback as Winding-Up Rescission Refused

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Hellenic Dynamics Faces Setback as Winding-Up Rescission Refused

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Mountfield ( (GB:HELD) ) has issued an announcement.

Hellenic Dynamics PLC announced that its application for a rescission of the winding-up order was refused by the High Court. Despite efforts by former directors to secure funding and support from partners, the company was unable to obtain the necessary financial backing. The company is exploring options to preserve value for creditors and shareholders.

More about Mountfield

Hellenic Dynamics PLC is a medical cannabis cultivator that focuses on producing medical cannabis flowers for global markets.

Technical Sentiment Signal: Sell

Current Market Cap: £22.96M

Learn more about HELD stock on TipRanks’ Stock Analysis page.

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