Mighty Kingdom Limited (ASX: MKL) Continues Suspension from Quotation
Mighty Kingdom Limited (ASX: MKL) remains under suspension from quotation following their request on 6 November 2024. The suspension is in accordance with Listing Rule 17.2, pending the announcement of a significant acquisition and capital raising.
The current suspension continues under Listing Rule 17.3, awaiting ASX’s satisfaction regarding MKL’s compliance with Listing Rules. This includes aspects related to the secured, convertible debt facility they announced on 24 November 2024. Until compliance is confirmed, the reinstatement of MKL’s securities to quotation will not proceed.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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