#VELA investee co. #ENET Ethernity Networks LTD – Approval of settlement proposal by creditors January 11, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of networking processing semiconductor technology for virtualised networking appliances, announces an update on the Company’s ongoing temporary suspension of proceedings (“TSP”) process. Further to the announcement on 04 January 2024, the Company is pleased to announce that it has now received approval of the proposal for the settlement of creditors under the TSP (the “Settlement Proposal”) from all three creditor groups. Therefore, the Company…

#VELA investee co. #ENET Ethernity Networks LTD – Update re. Subscription agreement & Notice of GM November 10, 2023 – Posted in: Vela Technologies Plc (VELA)

Update Regarding Subscription Agreement and TVR Notice of General Meeting Ethernity Networks Ltd (AIM: ENET; OTCMKTS: ENETF), a leading supplier of networking processing semiconductor technology ported on field programmable gate arrays for virtualised networking appliances, announces the following update on the share subscription agreement with 5G Innovation Leaders Fund LLC (the “Subscriber”), details of which were announced on 25 February 2022 (the “Subscription Agreement”). On 24 October 2023, the Company announced that…

#VELA investee co. #ENET Ethernity Networks LTD – Approval of settlement proposal by creditors January 11, 2024 – Posted in: Blog, Vela Technologies Plc (VELA)

#VELA investee co. #ENET Ethernity Networks LTD – Update re. Subscription agreement & Notice of GM November 10, 2023 – Posted in: Vela Technologies Plc (VELA)

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