Mode Global Holdings
MODE · Main Market · Industrial Goods and Services · mcap £0.5m · 0.1p 1 open situation →
- EV
- £440k
- EV / EBIT
- –
- Net cash
- £13k
- FCF yield
- –
- Revenue
- –
- Share price 1y
- −93%
- Insiders 12m
- no deals
- Next report
- around 29 Sep
Timeline · every situation
dots = announcementsOpen · 1
Cash shell / net cash above market value
Wind-down and search for acquisition
Clean cash shell in RTO discussions
The legacy wind-down is declared complete and the board replaced on 14 September 2026. The company is a cash shell seeking a reverse takeover. This marks a shift from July, when no RTO was in contemplation, to active talks with prospects, with no agreement reached.
- Size
- Minimum £500,000 under non-binding heads of terms (per earlier announcements)
- Conditions
- Passing of AGM resolutions and lifting of the FCA suspension on trading
- Venue
- In person at AlbR Capital Limited, 80 Cheapside, London
- Earlier terms
- Minimum £500,000 under non-binding heads of terms
- Recapitalisation
- Completed September 2026; amount not stated
- Cash at 30 June
- £13k
Next: RTO announcement if a target is agreed
- 30 Sep 2026 Re-capitalised September 2026; terms not given
- 6 Aug 2026 AGM postponed; awaiting FCA suspension lift
- 14 Jul 2026 Non-binding heads of terms; now described as equity subscription
- 1 May 2026 Non-binding heads of terms signed
Closed · 2
Company filings. Not investment advice.