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Seeking Alpha 2021-12-20 17:42:34

Eqonex CEO Richard Byworth steps down as board weighs options

Eqonex's (NASDAQ:EQOS) CEO Richard Byworth will step down immediately as the company's board of directors talks with third parties about the evaluation of merger or takeover options. Chief Operating Officer Andrew Eldon succeeds as the company's interim CEO and will join the board. Meanwhile, shares of EQOS slide 3% intra-day, and are flagged at high risk of performing badly when compared with its peers, according to Seeking Alpha's Stock Warning. In the crypto world, bitcoin (BTC-USD -1.9%) and ethereum (ETH-USD -2.4%) drift lower. Recall towards the end of November, Eqonex appointed Andrew Eldon to COO.

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