IN BRIEF: Versarien receives sale offers, cash to last to end of month
Versarien PLC - Gloucestershire-based advanced materials group - Receives "a range of offers from a number of interested parties" regarding its accelerated sale of the patent portfolio and shareholdings in Total Carbide Ltd and Gnanomat SL. Says: "Until legal agreements are signed, there is no certainty of the outcome. As previously announced, the company has taken actions to conserve cash such that its cash runway is now forecast, but not certain, to last until the end of September 2025." Read More