#VELA Vela Technologies PLC investee co. #MODE Mode Global Holdings PLC – Mode prepares for wind-down January 26, 2023 – Posted in: Vela Technologies Plc (VELA)

Following the announcement on 19th January 2023 that the Group has been unsuccessful in sourcing funding, the Board has made the difficult decision to initiate wind-down of customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd.  It is a challenging time in the crypto market and the Group has faced considerable headwinds along the way. The Group is looking to restructure by initiating a winding down of the customer operations of its regulated trading…

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