RE: News Anytime!22 Jun 2023 08:54
At the last RNS BoD did expand to say they will use the funds to complete the Prospectus. So this is closer than ever to this news..
The funds under this sixth tranche will be used to meet Iconic's obligations under the CVA, for operational purposes, and preparation of an FCA approved prospectus which will enable Iconic to issue further Ordinary Shares pursuant to its obligations to unsecured creditors under the CVA, EHGSOF under the Facility, various parties under the settlement deeds, and management for outstanding fees.