IN BRIEF: i(x) Net Zero portfolio company ends combination plan

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

i(x) Net Zero PLC - investor in energy transition - Says its portfolio company Sustainable Living Innovations Inc will no longer combine with Churchill Capital Corp V. Says the previously disclosed non-binding letter of intent between the two parties has been terminated, while Sustainable Living Innovations will pursue ‘alternative options that can support its plans to address sustainable housing affordability’. i(x) Net Zero has an indirect 0.1% interest in Sustainable Living Innovations, held via MultiGreen SLI Partners LP and and a $150,000 unsecured convertible promissory note.

Current stock price: 20.00 pence, down 7.0%

12-month change: down 0.5%.

Copyright 2023 Alliance News Ltd. All Rights Reserved.