Versarien (GB:VRS) has released an update.
Versarien, a leading advanced materials engineering group, is facing a delay in receiving the final payment for its sold Korean assets, as MCK Tech has been granted an extension until 31 October 2024. The outstanding amount of £302,000 will accrue interest at an annual rate of 10%, and Versarien retains the title to the assets in case of default. This update contains vital inside information that may impact Versarien’s stock market performance.
For further insights into GB:VRS stock, check out TipRanks’ Stock Analysis page.
