CNT Group (08172): Share Placement Agreement Lapses
Stock News
Jul 18
CNT Group (08172) disclosed that its proposed placement of up to 84.1826 million shares under general authorization has been terminated. The agreement's preconditions remained unfulfilled by the July 18, 2025 deadline, rendering it void. Consequently, all contractual obligations between the placement agent and the company ceased immediately. Neither party retains claim rights against the other, except regarding prior breaches of agreement terms. Both entities confirmed compliance with all contractual obligations throughout the arrangement period.
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