“A fluid situation is one way to describe it,” Justice Brian Cregan commented to a packed courtroom this morning.  Cometgaze, a company controlled by entrepreneur Eoin Goulding, has an offer on the table and funds in a solicitor’s account ready to acquire Altada, the once unicorn-touted AI firm. However, lawyers for the receiver today revealed that it was subject to a “price chip”, something that only transpired in the morning.  Cometgaze’s original offer was in the region of €3 million. A second offer from Datech has essentially been jettisoned from the process. Although the offer from the consortium, led by Altada…

Want to read the full story?

Unlock this article – and everything else on The Currency – with an annual membership and receive a free Samsonite Upscape suitcase, retailing at €235, delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .