Tali Digital (AU:TD1) has released an update.
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TALi Digital Limited has reported a modest cash inflow from the sale of its Healthcarelink shares and maintains low cash burn, in line with previous projections. The company is also exploring merger and acquisition opportunities to enhance shareholder value and is anticipating the commercial relaunch of its TALi platform by Genius Learning Pty Ltd. TALi ended the fourth quarter with a cash balance of $2.1 million, after a net operating cash outflow of $0.1 million.
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