New Risk • May 22
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£166k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-UK£166k). Revenue is less than US$1m. Market cap is less than US$10m (UK£849.8k market cap, or US$1.14m). Announcement • May 22
Westura Energy NL signed a non-binding letter of intent to acquire Net Zero Infrastructure Plc (LSE:NZI) in a reverse merger transaction. Westura Energy NL signed a non-binding letter of intent to acquire Net Zero Infrastructure Plc (LSE:NZI) in a reverse merger transaction on May 22, 2025. The deal is subject to due diligence, shareholder approval of Net Zero Infrastructure Plc.
The deal is expected to be completed by October 31, 2025. Announcement • Oct 01
Net Zero Infrastructure Plc, Annual General Meeting, Oct 28, 2024 Net Zero Infrastructure Plc, Annual General Meeting, Oct 28, 2024. Location: wellington room, 2nd floor, the army and navy club, 36 pall mall, sw1y 5jn, london United Kingdom