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Trellus Health Plans to Appoint Administrators Over Funding Shortfall

MT Newswires·08/21/2026 04:55:05
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04:55 AM EDT, 08/21/2026 (MT Newswires) -- Trellus Health (TRLS.L) said Friday it filed a notice of intention to appoint administrators after determining that it has insufficient funds to continue trading as a going concern. The healthcare company said the appointments are expected to be executed within five business days and will help protect the interests of its creditors. The company is still seeking buyers for certain assets, including shares in its US operating subsidiary.