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Openn Negotiation Faces Administration Amid Financial Struggles

Story Highlights
  • Openn Negotiation operates in property technology, offering digital real estate solutions.
  • The company is under administration after failed capital raising and acquisition attempts.
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Openn Negotiation Faces Administration Amid Financial Struggles

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An update from Openn Negotiation Limited ( (AU:OPN) ) is now available.

Openn Negotiation Limited has faced significant operational challenges, leading to the appointment of administrators following an unsuccessful capital raising and acquisition attempt. The company’s shares remain suspended as it undergoes restructuring, with administrators working to secure funding and explore sale or recapitalization options to preserve its assets and potentially return to trading.

More about Openn Negotiation Limited

Openn Negotiation Limited operates in the property technology industry, offering digital solutions for the residential and commercial real estate markets.

Technical Sentiment Signal: Sell

For an in-depth examination of OPN stock, go to TipRanks’ Overview page.

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