Avia Health Informatics has almost completed the disposal of its healthcare software business and it plans to become a shell that will acquire advanced materials and emerging technologies businesses.
A Creditors Voluntary Arrangement (CVA) is also being undertaken. Broker Peterhouse is organising a share placing to raise additional cash for the company.
At the suspension price of 7.25p a share, Avia is valued at £470,000.
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