Tech firm collapses while parent company suspends shares
A Bristol technology company has fallen into administration just months after being acquired for £1.28m in a reverse takeover deal.
3radical - the main subsidiary of digital marketing firm Electric Guitar Plc - has instructed Paul Ellison and Christopher Errington of KRE Corporate Recovery to market its business and assets for sale.
It is hoped 3radical's administrators will achieve a pre-packaged sale of the business and assets on a going concern basis to a successful purchaser.
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