Top Shelf International Holdings Ltd. (AU:TSI) has released an update.
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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.