Brief: All In! Games Says Bankruptcy Petition Filed By The Farm 51 Group May Negatively Impact Efforts To Implement Restructuring
BRIEF-All In! Games Says Bankruptcy Petition Filed By The Farm 51 Group May Negatively Impact Efforts To Implement Restructuring Sept 17 (Reuters) - All In! Games SA ALGP.WA:
RESPONDS TO FARM 51 GROUP CREDITOR PETITION
SAYS RESTRUCTURING MOTION GENERALLY TAKES PRIORITY OVER BANKRUPTCY PETITION UNDER APPLICABLE LAW
HAS DEAL WITH ANOTHER CREDITOR ON POTENTIAL DEBT-TO-SHARE CONVERSION OR REPAYMENT STARTING AUGUST 2027
BANKRUPTCY PETITION MAY NEGATIVELY IMPACT EFFORTS TO SECURE FINANCING AND IMPLEMENT RESTRUCTURING
WILL TAKE APPROPRIATE LEGAL ACTIONS TO PROTECT ITS INTERESTS IF JUSTIFIED
Source text: ID:nEM8Snq6Ka
Further company coverage: ALGP.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
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