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How Openn Negotiation Escaped Administration and Secured Vital Shareholder Funding
12:51pm on Friday 25th of July, 2025 AEST
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How Openn Negotiation Escaped Administration and Secured Vital Shareholder Funding
12:51pm on Friday 25th of July, 2025 AEST
Key Points
Exited voluntary administration after creditor-approved Deed of Company Arrangement
Recapitalisation plan executed with shareholder approval
Secured $75,000 interest-free loan from major shareholder ST Holding 2 Pty Ltd
No substantive business activities during the quarter ended 30 June 2025
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Openn Negotiation (ASX:OPN)
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