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Rewardle Holdings Ltd ( (AU:RXH) ) has provided an update.
Rewardle Holdings Ltd faces potential delisting from the ASX due to its prolonged suspension from trading, which began in October 2023, for failing to lodge its financial reports. The company’s compliance issues are tied to its significant financial relationship with CloudHolter Pty Ltd, a private entity not controlled by Rewardle, complicating its ability to meet reporting obligations. The ASX has outlined specific conditions for reinstatement, including the submission of outstanding financial statements and compliance plans by September 18, 2025, to avoid automatic removal from the official list.
More about Rewardle Holdings Ltd
Rewardle Holdings Ltd operates in the digital engagement and loyalty industry, focusing on providing digital customer engagement solutions. The company is involved in converting debt to equity investments, notably in CloudHolter Pty Ltd, which is its largest debtor and client, contributing to over 95% of its revenue for FY23.
Technical Sentiment Signal: Buy
Current Market Cap: A$15.26M
See more insights into RXH stock on TipRanks’ Stock Analysis page.