CMON (01792) has issued an announcement stating that the conditions under the placement agreement were not fully satisfied by November 7, 2025 (the final deadline). As a result, the placement agreement has lapsed, and the proposed placement will not proceed.
All rights, obligations, and liabilities of the relevant contracting parties will terminate immediately. The placement agent will be released and discharged from all obligations under the agreement, and no party shall make any claims against another regarding the placement. However, this does not affect any prior breaches and/or accrued rights or obligations under the placement agreement before its termination.
Comments