RE: Some notable Market Cap / Share Price / Valuations2 Jun 2025 21:56
Also news is expected soon regarding their discussions.
Key customers continue to be highly supportive of Surface Transforms and we remain hugely appreciative of this alongside their engagement on improving our manufacturing yield, output and financial stability. This support includes total cash advances (to date) of more than £8m for working capital purposes, increased disc pricing and funded external manufacturing expertise.
In addition, strategic discussions with certain key customers regarding longer-term arrangements are at an advanced stage. Further updates will be provided in due course as appropriate.