Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) chief executive David Levi told investors the company is delighted to be exiting the TSP process in a stronger financial position.
“We exit the TSP on a far stronger financial footing than when we entered, thanks to the encouraging customer contracts and the fundraise we undertook in December,” Levi said in a statement.
“Ethernity is well positioned for further growth and to capitalise on its market leading solutions.
“I would like to thank our customers, suppliers, shareholders and employees for their ongoing support of the business and look forward to 2024 with confidence."
Levi today spoke to Proactive about the company’s prospects now that the process has ended.