Mighty Kingdom (ASX: $MKL) Court Orders Update

Mighty Kingdom Limited (ASX: $MKL) has confirmed that the Supreme Court of South Australia has granted all the orders sought by the company in relation to the lodgement of a cleansing notice under section 708AA(2)(f) of the Corporations Act. This follows the company's application seeking orders due to the suspension of MKL securities for more than five trading days in the previous 12 months by a period of approximately eight minutes.

Executive Commentary on Court Orders

The Company is pleased to confirm that the Court has granted all the orders that were sought. As a result, the eight-minute delay will not have any material consequences for the Company or for Shareholders with respect to the recently completed Entitlements Offer. MKL wishes to thank all shareholders for their continued understanding and patience as we have been working to resolve this in the most timely and effective manner possible.

Summary of Court Orders Outcome

Mighty Kingdom Limited (ASX: $MKL) has successfully secured court orders related to the suspension of its securities for a brief period. The company expressed gratitude to its shareholders for their understanding and patience during this process. The outcome ensures that the delay will not impact the recently completed Entitlements Offer. This development reflects the company's commitment to resolving regulatory matters efficiently and maintaining transparency with its shareholders.