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Falanx Group Ltd ( (GB:CHL) ) has issued an update.
Cloudified Holdings Limited has entered into an agreement with Salonica Capital Ltd to provide corporate finance services for a planned acquisition. This agreement, considered a related party transaction, involves a fee structure based on the funds raised, and has been deemed fair and reasonable by the company’s independent directors.
More about Falanx Group Ltd
Cloudified Holdings Limited is an AIM quoted cash shell company focusing on acquisition opportunities. It operates within the financial services industry, primarily engaging in corporate finance services.
Technical Sentiment Signal: Sell
Current Market Cap: £118.4K
Learn more about CHL stock on TipRanks’ Stock Analysis page.