SOL Global Investments (TSE:SOL) has released an update.
SOL Global Investments Corp. reported a reduced net loss of $4.5 million for the six-month period ending May 31, 2024, compared to the previous year’s loss, alongside a significant decrease in Net Asset Value per share from $0.89 to $0.06. Moreover, the company highlighted the progress of its portfolio company Damon Motors, which is advancing in the electric motorcycle sector through strategic mergers and partnerships aimed at boosting production and expanding market presence.
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