Mighty Kingdom (ASX:MKL) has resumed trading on the Australian Securities Exchange. The ASX lifted the suspension on MKL's securities after the company met compliance requirements related to a secured, convertible debt facility announced on November 24, 2024.
Mighty Kingdom Limited, identified by the ASX code MKL, has successfully reinstated its securities for trading after addressing compliance issues with ASX Listing Rules. The company had previously announced a secured, convertible debt facility, which led to a temporary suspension. By issuing an additional announcement and an amended Appendix 3B, MKL ensured compliance, prompting ASX to lift the suspension. This development reflects MKL's commitment to adhering to regulatory standards and may influence its future financial strategies and market performance.
The reinstatement follows MKL's release of a further announcement and an amended Appendix 3B concerning the facility.