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Supply@ME ( (GB:SYME) ) just unveiled an update.
Supply@ME Capital plc announced a delay in receiving funds from a US$5,150,000 on-demand convertible funding facility with Nuburu Inc., a high-tech company listed on the NYSE. Despite delays due to restatements in Nuburu’s financial statements, the company expects to receive the overdue US$1,700,000 shortly, which will impact SYME’s cash flow and operational capabilities.
More about Supply@ME
Supply@ME Capital plc (SYME) operates in the fintech industry, offering a unique platform that allows manufacturing and trading companies to access Inventory Monetisation solutions. This service enables businesses to generate cash flow by monetizing their existing inventory through third-party Inventory Funders, without incurring debt.
Average Trading Volume: 117,353,100
Technical Sentiment Signal: Sell
Current Market Cap: £2.01M
For an in-depth examination of SYME stock, go to TipRanks’ Overview page.
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