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IQ-AI ( (GB:IBAI) ) has shared an announcement.
Imaging Biometrics Limited has updated its agreement with Truetide PLC regarding the purchase of shares in Kirkstall Limited. Truetide has agreed to write off loans totaling £220,853.67 owed by Kirkstall, which had been previously written down due to Kirkstall’s financial struggles. This move results in Kirkstall having net assets of £71,000 and revenue of £47,000 for the current period. Kirkstall plans to file its accounts and align its financial year-end with the Group’s by changing it to December 31.
More about IQ-AI
Imaging Biometrics Limited (IBAI) operates in the medical imaging industry, focusing on developing advanced imaging solutions. The company is listed on the London Stock Exchange and is involved in the creation and distribution of imaging software and technologies.
Average Trading Volume: 2,051,964
Technical Sentiment Signal: Sell
Current Market Cap: £2.96M
See more data about IBAI stock on TipRanks’ Stock Analysis page.