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Electric Guitar PLC ( (GB:ELEG) ) just unveiled an announcement.
Electric Guitar PLC is nearing the completion of its Company Voluntary Arrangement (CVA), with the final determination of claims by statutory preferential creditors expected soon. The company is also progressing with the proposed reverse takeover (RTO) of Dunbar Energy Inc., a US energy company, and has entered into a related party transaction with former director John Regan to assist in the process. This strategic move is aimed at enhancing the company’s operational capabilities and market positioning.
More about Electric Guitar PLC
Electric Guitar PLC operates in the energy sector with a focus on corporate governance and IT infrastructure, providing services that support energy-related transactions and operations.
Average Trading Volume: 30,167,754
Technical Sentiment Signal: Sell
See more insights into ELEG stock on TipRanks’ Stock Analysis page.