Bidstack Group Plc (AIM:BIDS) provided an update on the loan agreement and ancillary documents announced on 18 October 2023 ("CLN") with strategic investor Irdeto B.V. ("Irdeto"), a financial update and information about the Board's decision to initiate a strategic review. Whilst the Company is keen to continue to work with Irdeto as previously announced, the Board of the Company feels that it must also consider other funding alternatives and has decided to initiate a strategic review. The Board has appointed Alvarez & Marsal Europe LLP, a restructuring adviser who, alongside the Company and its other advisers, will look at all options for the future of the Group which may or may not involve a sale of the Company's assets.