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Keybridge Capital Limited ( (AU:KBC) ) has issued an update.
Yowie Group Ltd is taking decisive actions to recover loan funds from Keybridge Capital Limited, following a series of legal and financial maneuvers including a conditional scrip takeover bid. In response to Keybridge’s failure to meet repayment obligations and the uncertainty from US trade tariffs, Yowie has issued new shares to raise capital, ensuring the company’s financial stability amidst these challenges.
More about Keybridge Capital Limited
Yowie Group Ltd is a global brand licensing and chocolate manufacturing business focused on creating consumer products that promote environmental education through the adventures of six Yowie characters. The company leverages its intellectual property to produce and distribute Yowie chocolate confectionery and develop a digital platform, aiming to expand its reach in North America, ANZ, and internationally.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For a thorough assessment of KBC stock, go to TipRanks’ Stock Analysis page.