Applied Graphene Materials updates on ongoing talks with potential interested parties

Date 15th, Jan 2023
Source Graphene Info - Scientific and Educational Websites

DESCRIPTION

In November 2022, Applied Graphene Materials (AGM) announced that it aimed to raise money to fund its operations, but was unable to do so. A month later, AGM said it received non-binding indicative proposals for its sale or the sale of its main operating subsidiary. Now, AGM updated on its continuing discussions with various parties that had submitted non-binding indicative proposals for either the sale of its trade and assets, or of shares in its main operating subsidiary.