Selina Hospitality (SLNAF) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Selina Hospitality PLC, under joint administration, has successfully sold the majority of its business and operating subsidiaries to Singapore-based Collective Hospitality Pte Ltd, as part of its accelerated sales process. The company has faced various risks and uncertainties, including potential delisting from the Nasdaq due to non-compliance with listing standards, and challenges in the travel and hospitality sectors.
For further insights into SLNAF stock, check out TipRanks’ Stock Analysis page.