Applied Graphene Materials says its shares will stop trading soon as it still searches for a buyer

In November 2022, Applied Graphene Materials (AGM) announced that it aimed to raise money to fund its operations, but was unable to do so. AGM Later said it received non-binding indicative proposals for its sale.

AGM now announced that trading in its shares will be suspended from next Wednesday (February 1st) as the company confirmed it will not publish its reports by the market deadline. The company has until the end of February before it runs out of money.

Posted: Jan 28,2023 by Ron Mertens