RE: Latest RNS29 Apr 2025 11:55
On 4 March 2025, the Company announced that it continues to review its strategic direction and assess the need for additional resources to develop commercial AI technology. The Company's financial position has become more uncertain over the past month. The Company is engaged in ongoing discussions regarding a potential restructuring of its business, which may involve, among other options, asset disposals, mergers, or a refocus on the Company's core business lines. The Company is also continuing to assess its capital needs and funding requirements, including potential fundraising alternatives.
In light of the uncertainty regarding the Company's financial position, the Company anticipates that completion and publication of the Company's audited accounts for the year ended 31 December 2024 will be delayed.
Not until this has been resolved.