Anaergia Inc. announced that the company, in prior periods, has provided guidance regarding its projected revenue for Fiscal 2023, which was based on it having adequate liquidity and access to capital in order to execute its plans. In light of a number of factors, including the continued deterioration of the Company?s financial performance (as reflected in the reported net losses and negative operating cash flows), weakened liquidity position, recent changes to senior management, and the ongoing strategic review, the Company now believes it will not achieve the estimates included in previous guidance and expects such measures of revenue to be lower than previously guided. Accordingly, management has withdrawn the Company?s previously disclosed Fiscal 2023 guidance.
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