GUERNSEY - APQ Global Limited, a Guernsey-incorporated company listed on The International Stock Exchange and trading on AIM, announced its unaudited book value per ordinary share stood at 22.75 US Dollar cents as of the close of business on November 29, 2024. This figure is equivalent to 17.90 Pounds Sterling pence.
The company reported holding approximately $4.4 million in cash at the end of November, showing a slight increase from the $4.3 million held at the end of October 2024. APQ Global is focused on generating sufficient cash to repay the remaining outstanding CULS principal. The board believes that success fees from the existing pipeline and various refinancing options are promising for achieving full repayment by the CULS Settlement Date on March 31, 2025.
Additionally, APQ Global's subsidiary, Delphos, is actively working on 47 capital raising mandates, up from 46 at the close of November. The company also engages in transaction advisory mandates. According to management's revised estimates, the revenue for December 2024 is projected to be $2,732,439. Management's revenue estimates for the months following December are said to align with the guidance provided in the interim results published on November 29, 2024.
This update is based on a press release statement from APQ Global Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.