Sorted Group Holdings (AIM:SORT) saw its share price halve to 10p after announcing plans to sell its main business for just £1. The company will become an AIM cash shell and has six months to make an acquisition or face suspension.

Cancer immunotherapy developer Scancell Holdings (AIM:SCLP, OTC:SCNLF, FRA:SCP) has named David Schilansky as interim CFO as its current finance chief prepares to leave. Schilansky has previously raised more than $1 billion for listings on Nasdaq and Euronext, experience that could prove useful as Scancell explores a US listing.

Active Energy Group (AIM:AEG, OTCID:AEUSF) has converted £278,200 of loans from its CEO into nearly 400 million new shares. Following the conversion, Paul Elliott will hold just under 9.5% of the company.

Finally, 88 Energy (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) has opened nominations for a director election at its AGM on 26 May in Perth. Candidates have until 13 April to submit their applications.

Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.

View Comments