GREY:XEBEQ - Post by User
Post by
TheCount11on Sep 30, 2022 10:56am
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Post# 34997480
Private Placement was tried.
Private Placement was tried. In June 2022 NBF conducted a broad solicitation process focused on targeted institutional investors and potential strategic parties that may have been interested in pursuing an opportunity with the Xebec Group.
Despite NBF running a broad process and generating interest from potential parties, the
Company was not able to secure the required additional funding to implement its three-year
plan to optimize operations and “Centers of Excellence Framework”.