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How Will Openn Negotiation Navigate Recapitalisation Amid ASX Suspension?
7:03pm on Thursday 17th of July, 2025 AEST
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How Will Openn Negotiation Navigate Recapitalisation Amid ASX Suspension?
7:03pm on Thursday 17th of July, 2025 AEST
Key Points
Voluntary administration initiated in May 2024 due to insolvency concerns
Deed of Company Arrangement (DOCA) approved by creditors in August 2024
Recapitalisation plan includes a $211,000 share issue and board changes
Shareholder approval sought for recapitalisation and share consolidation
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Openn Negotiation (ASX:OPN)
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