7digital Says It Needs to Raise $5.7MM In a Month or It’s Going Bankrupt

The UK B2B company says it is highly likely it will enter administration by July 31st without the funding. 7digital expected to issue more shares to raise the cash, but investors have now rejected the last-ditch proposal. With shareholders rejecting the bid, fundraising efforts are looking pretty grim.

Source: 7digital Says It Needs to Raise $5.7MM In a Month or It’s Going Bankrupt

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