Revasum, Inc. (ASX: $RVS) has announced the continuation of the suspension of trading of the Company's CDIs as it works through the process of identifying strategic and financing options to secure its future. The Company has been unable to lodge its annual financial report and Appendix 4E for 2023. Revasum is exploring strategic options to maximize stockholder value and has received multiple indications of interest from potential partners.
The Company is hopeful that the process of identifying strategic and financing options can be concluded in a timely fashion and that it can resume lodgement of its periodic reports shortly thereafter.
Revasum (ASX: $RVS) has provided an update on the suspension of trading of the Company's CDIs. The Company is currently working through the process of identifying strategic and financing options to secure its future. Revasum is exploring strategic options to maximize stockholder value and has received multiple indications of interest from potential partners. The Company is hopeful that the process can be concluded in a timely fashion and that it can resume lodgement of its periodic reports shortly thereafter. The announcement reflects the Company's commitment to addressing its current challenges and securing its future.