Overview of LiveHire's FY24 Annual Report

LiveHire Ltd (ASX:LVH) has released its annual report for the financial year ended 30 June 2024 (FY24 Annual Report). The report, available on LiveHire's website, is consistent with previous disclosures and highlights the company's need for external funding to continue as a going concern.

LiveHire Directors' Recommendation and Offer Details

The LiveHire Directors unanimously recommend that shareholders accept the offer made by Humanforce, citing the compelling premium offer price, liquidity opportunity, and the uncertainty about LiveHire's ability to continue as a going concern if Humanforce does not acquire 100% of LiveHire. The directors have sold their LiveHire shares to Humanforce and intend to accept the offer in the absence of a superior proposal. Shareholders are encouraged to read the Fourth Supplementary Target's Statement and the Prior Target's Statements for further details and to consider accepting the offer.

Summary of LiveHire's FY24 Annual Report and Offer

LiveHire's FY24 Annual Report reflects the company's need for external funding to continue as a going concern. The directors unanimously recommend accepting the offer made by Humanforce, emphasizing the premium offer price, liquidity opportunity, and the uncertainty about LiveHire's future if Humanforce does not acquire 100% of LiveHire. Shareholders are advised to carefully consider the offer and the company's financial position before making a decision.