Marygold agreed to sell substantially all assets of Printstock for NZ$2,450,000 with closing conditions and landlord consent required; the proceeds add cash but the sale removes that business and may not close, so the filing does not change the company's outlook.
The agreement would deliver about US$1.4M in cash if it closes, which boosts liquidity. The sale removes the Printstock business, binds two officers with a five-year restraint, and needs buyer finance and landlord consent, so the benefits and risks balance.
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