RE: UPDATE8 May 2025 20:25
Was reading back the RNS when the previous RTO failed and their CEO said:
Clifton Flack, Founder and CEO of CiiTECH, said:
"The transaction faced a number of challenges as we worked with various groups of shareholders to agree a deal. Movements in equity capital markets have been volatile, not least driven by geopolitical uncertainty. CiiTECH has therefore decided to withdraw from the process.
Learnt from previous mistakes and so cleared the decks and cleaned up the shareholder register this time in preparation with recent tr1s out and potentially peel out.
Are we about to help financial freedom into the market?