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APGMF (Applied Graphene Materials plc) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Applied Graphene Materials PLC (AIM:AGM, OTCQX:APGMF) said it has completed the disposal of its primary operating subsidiaries via a US$1.3mln cash deal with Canada's Universal Matter Inc, as announced on February 22, 2023, and it is intended that the remaining shell of the company will be delisted from the London Stock Exchange on March 31, 2023. Shareholders were reminded that the last day of dealings in the company's ordinary shares on AIM, will be 30 March 2023 - notwithstanding the fact that the ordinary shares have been suspended from trading on AIM since 1 February 2023 pending publication of the Company's audited annual report and accounts for the year ended 31 July 2022.
Applied Graphene Materials PLC (AIM:AGM, OTCQX:APGMF) has agreed to sell its primary operating subsidiaries in a US$1.3mln cash deal with Canada's Universal Matter Inc and it is intended that the remaining shell of the company will be delisted from the London Stock Exchange. The company, in a statement, said that the sale proceeds will be used to pay creditors, staff and cover operating expenses ahead of a subsequent winding up of the company on a solvent basis.
Applied Graphene Materials PLC (AIM:AGM, OTCQX:APGMF) said it is in talks with a number of “interested parties” who have made non-binding proposals since it launched a strategic review in November.
Applied Graphene Materials is launching a strategic review after finding it could not raise equity finance due to the difficult stock market conditions currently. Options under consideration include the use of a specialist debt provider, finding a strategic investor or an accelerated sale of the group's trade and assets or its main operating subsidiary.
Applied Graphene Materials said it had not been able to arrange an equity raise due to unfavourable conditions in the small-cap equity markets. In a statement, the company added that while it was pleased with trading so far in the current financial year, additional funding to extend its cash runway beyond 31 January 2023 will be required.
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Applied Graphene Materials PLC (AIM:AGM, OTCQX:APGMF) (AGM), the producer of specialty graphene nanoplatelet dispersions, said it has signed a supply agreement with a global leader in the car detailing industry for an exclusively developed graphene-based solution. The company noted that the partnership with a global household name brand represents a significant milestone for AGM in the car care sector, where it has already announced multiple product launches with smaller participants.
Redcar, England--(Newsfile Corp. - August 16, 2022) - Applied Graphene Materials plc (OTCQX: APGMF) today announced that Adrian Potts, CEO will be attending the Q3 Virtual Investor Summit. Applied Graphene Materials CEO, Adrian Potts will present an update to investors on current technology positioning of the company's products within the graphene materials space and will further talk to future opportunities for technology development in adjacencies to its core markets.
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