Live Company Group Plc (GB:LVCG) has released an update.
Live Company Group PLC (LVCG) has announced that Brick Live International Limited (BLI) has been placed into administration, with a potential restructuring or sale of assets to follow. The company’s shares are suspended due to the late publication of annual accounts and it is now classified as an ‘AIM Rule 15 cash shell’, facing a six-month deadline to make a reverse takeover. While BLI faces administration, other group entities like Live Company Sports and Entertainment and KPOP Lux Limited remain inactive within the group.
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