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Golden Rock Global PLC - Jersey-based firm seeking acquisition opportunities in the fintech sector - Announces it has terminated discussions with BOLT, a blockchain-based media and decentralised finance ecosystem. In November 2021, the company entered non-legally binding heads of terms with the shareholders of BOLT to acquire its entire share capital. Golden Rock acknowledges that this will be a ‘major disappointment’ to its shareholders who have ‘who have waited for a considerable period whilst the board endeavoured to conclude a satisfactory deal.’ Says that it has ‘reluctantly concluded’ that a satisfactory deal would not be possible ‘for reasons unrelated to the company.’ Consequently, company applies to have the suspension of its shares from trading lifted and its trading recommences on Wednesday. Current stock price: 3.20 pence, closing 81% lower on Wednesday in London Copyright 2023 Alliance News Ltd. All Rights Reserved.
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