Vysarn (ASX:VYS) said completion of its proposed acquisition of NWG Enterprises, trading as NewGround, has been delayed beyond the previously expected completion date of on or before Oct. 2, according to a Thursday Australian bourse filing.
The company said it is in discussions with the NewGround vendors to extend the completion date.
Completion remains subject to the completion of due diligence and shareholder approval, the filing added.
The company's shares fell 1% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.