Agtech startup Goterra enters voluntary administration, flags prospect of sale — Capital Brief

Liquidation

The news: Canberra-based Agriculture tech startup Goterra has entered voluntary administration after failing to secure the investment needed to scale its waste-processing operations. The context: The appointment follows ASIC fillings showing the company board appointed Teneo’s Daniel Walley and Martin Ford to serve as joint administrators. In a statement to SmartCompany, a Goterra representative confirmed…

100 Billion Won in Cash Left Amid 4 Trillion Won Debt… ‘Zombie Company’ Homeplus Now Just an Empty Shell

Liquidation

Analysis of Last Year’s Homeplus Audit Report Annual Interest Expenses Reach 570 Billion Won, Deficit Exceeds 1 Trillion Won Disclaimer of Audit Opinion for Two Consecutive Years, Liquidation Becomes More Likely It has been confirmed that Homeplus is on the brink of bankruptcy. After entering court receivership (corporate rehabilitation proceedings) last year and undergoing a…

Pioneering ag-tech startup Goterra enters voluntary administration

Liquidation

Goterra, the pioneering ag-tech startup turning food waste into animal feed and fertiliser, has entered voluntary administration. Documents listed by the Australian Securities and Investments Commission show the company board on Wednesday appointed Teneo’s Daniel Walley and Martin Ford to serve as administrators. Related Article Block Placeholder Article ID: 298703 Their appointment spells an uncertain…

New Providence Acquisition III Raises Up to $1.5 Million via Zero-Interest Convertible Notes to Co-CEOs — TradingView News

Liquidation

New Providence Acquisition III entered into two unsecured, zero-interest convertible promissory notes totaling up to $1.5 million with its co-CEOs, Gary Smith and Alexander Coleman, to fund working capital. Each note provides up to $750,000 and matures upon the earlier of the company completing an initial business combination or its liquidation. At the lenders’ option,…

Debts unpaid after tickets.ie goes into liquidation, say clients

Liquidation

Organisers behind the Rory Gallagher Festival, Rockathon, Cowboys and Heroes, and the Liberty Music Festival have expressed shock and dismay at the unforeseen liquidation of Ireland’s second biggest ticket-selling platform, tickets.ie  Despite the upset, the organisers of Liberty Music Festival Thurlas have vowed that the event will go ahead as planned this year.  Speaking to…