RightBridge Ventures
RightBridge Ventures decides to initiate arbitration proceedings due to broken lock-up agreement.
In 2022, the Board realized that Blue Horizon had sold all of its shares in the Company. Blue Horizon has thus not fulfilled its obligations under the terms of the lock-up agreement nor paid the requested penalty. Considering this, the Board of Directors of RightBridge, after negotiating and offering all opportunities for dialogue, has now initiated arbitration proceedings against Blue Horizon. The Company will continuously update on the course of events as it develops.
| Datum | 2023-08-09, kl 08:00 |
| Källa | Cision |
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