Update on Proposed Voluntary Winding Up

Summary by AI BETAClose X

Kasei Digital Assets Plc announced an update on its proposed voluntary winding up, initially announced on April 30, 2025. The company has completed selling its portfolio of liquid assets and currently holds approximately £3.5 million in cash. Following the initial announcement, the Board received expressions of interest from several parties and is currently reviewing these proposals, prioritizing a return of capital to shareholders. The Board anticipates finalizing the review in the coming weeks and will update the market with a final course of action and timeline once determined.

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