Bidstack Group PLC (AIM:BIDS, OTC:FTBGF) today said that it failed to find funding alternatives explored as part of the strategic review, which included exploring a potential sale.
Upwards of 200 potential buyers were approached about the group's business and assets to no avail and with no further progress on a potential loan from Dutch group Irdeto, Alvarez & Marsal Europe have been appointed as administrators.
Trading in the in-video game advertising group’s shares on AIM was also suspended with effect from today.