Top Shelf International Holdings Ltd. (AU:TSI) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Top Shelf International Holdings Ltd has requested an immediate suspension from trading on the ASX as it negotiates with creditors and seeks to finalize its funding strategy. The company is reviewing its operating strategy and conserving cash in anticipation of not meeting the deadline for its audited financial statements. Trading is expected to remain suspended into Q4 2024 until these matters are resolved.
For further insights into AU:TSI stock, check out TipRanks’ Stock Analysis page.