Minim Said Substantial Doubt Exists About Our Ability To Continue As A Going Concern, And We Will Require Additional Liquidity To Continue Operations
Portfolio Pulse from Charles Gross
Minim has expressed substantial doubt about its ability to continue as a going concern, indicating that it will require additional liquidity to continue operations.
September 07, 2023 | 9:20 pm
News sentiment analysis
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NEGATIVE IMPACT
Minim's announcement about its financial instability and need for additional liquidity could negatively impact its stock price in the short term.
The announcement by Minim about its financial instability and need for additional liquidity is a direct indication of financial distress. This could lead to a decrease in investor confidence, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100