RNS 23/4/202528 Apr 2025 11:01
..” In the first four months of 2025, total cash collections are expected to be approximately $700,000.
· One of Ethernity's royalty-based customers has successfully completed the initial deployment of several thousand units as stipulated in their agreement. As a result, the Company anticipates an overall increase in royalty payments during 2025 compared to 2024.
· As previously announced, the Company will be required to raise additional funds in order to settle its payment obligations under the creditor settlement plan and to progress its potential ASIC business, as detailed further below, and is currently exploring a number of options to raise such funds.”
This company is not going bust as many here think so..
The market obviously believe this (probably with leaked news) ..
Holding for now