Live Company Group Plc (GB:LVCG) has released an update.
Live Company Group PLC is in a critical financial situation, negotiating with creditors and considering putting the company and its subsidiary, Brick Live International Limited, into administration. The company is dealing with a winding up petition, has ceased taking new orders, and is exploring restructuring and asset sales to pay off debts and potentially retain some value for shareholders. As talks with a cornerstone investor have stalled and the audit’s timing remains uncertain, the company promises to keep the market informed of any developments.
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