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Openn Negotiation Stalls Under DOCA, Eyes Recapitalisation Amid ASX Suspension

6:02pm on Thursday 17th of July, 2025 AEST Technology
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Openn Negotiation Stalls Under DOCA, Eyes Recapitalisation Amid ASX Suspension

6:02pm on Thursday 17th of July, 2025 AEST
Key Points
  • Company remains under DOCA following insolvency declaration
  • No substantive business activities during the quarter
  • Recapitalisation proposal approved by creditors
  • Cash reserves limited, with operating cash outflows
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