DESIGN MILK CO LIMITED

Design Milk Co. Limited reported revenue of $195k in the March quarter after transitioning to an advertising revenue-only model.
The company announced a conditional agreement to sell its online business assets to Design Milk Holdings, LLC for US$350,000, subject to shareholder approval.
DMC is in advanced discussions with a high-growth technology company for a potential acquisition, with a definitive announcement expected in the near future.

2023-04-28 11:07:00

Design Milk Co. Limited (DMC) has reached a conditional agreement to sell its online business to Design Milk Holdings, LLC for US$350,000.
The proposed sale includes all assets related to the company's ownership and operation of its eCommerce websites supporting independent brands and designers.
Upon completion and shareholder approval, the funds from the sale will be used to explore other opportunities, and the company is in advanced discussions with a high-growth technology company for a potential acquisition.

2023-04-20 09:13:00

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