20th October 2023
20th October 2023
The Company is delighted to announce that shareholders will receive payment in two tranches.
The first payment is for its $50m licensing agreement. The licensee is a global electronics business with no footprint in MedTech.
Shareholders shall be notified of the payment date, agent and distribution details will follow by week commencing 30th October.
The second payment will consist of proceeds from the DaaP sale. The DaaP sale announcement will follow after the next statement has been issued as an enhanced payment is being negotiated.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.