Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
XLMedia ( (GB:XLM) ) just unveiled an update.
XLMedia has announced the suspension of trading of its Ordinary Shares on AIM, effective from 7:30 am today, as it transitions to an AIM Rule 15 Cash Shell. This suspension follows the completion of a recent Tender Offer and the distribution of cash proceeds, marking six months since the company became a cash shell. The company plans to cancel its Ordinary Shares on AIM as part of its wind-down and ultimate liquidation strategy.
More about XLMedia
XLMedia is a company that was involved in sports and gaming digital media operations.
Average Trading Volume: 2,556,583
Technical Sentiment Signal: Strong Sell
Current Market Cap: £9.3M
For detailed information about XLM stock, go to TipRanks’ Stock Analysis page.