LiveHire Ltd. (AU:LVH) has released an update.
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Humanforce Holdings Pty Ltd has increased its stake in LiveHire Ltd to 28.49%, becoming its largest shareholder, and has issued a first supplementary bidder’s statement to its initial takeover offer. This move comes after LiveHire reported a significant comprehensive loss for the year and has ongoing concerns about its financial stability, including a material uncertainty related to the Going Concern paragraph in its auditor’s report.
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