Redflow Creditors Approve Asset Sale Amid Liquidation
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Redflow Limited's creditors have approved the sale of specific assets and intellectual property, allowing liquidators to proceed with the transaction as part of the company's liquidation process. This decision aims to realize value for creditors amid ongoing financial challenges. Redflow operates in the energy storage sector, focusing on zinc-bromine flow batteries for renewable energy storage and grid stability. Current market cap stands at A$25.64M.
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