Brief: Future First Technologies Says Future First Restructures Completion Payment Terms With Eaglesoft
02/06/2022 02:50
June 2 (Reuters) - Future First Technologies Ltd FFT.AX :
* FUTURE FIRST TECHNOLOGIES LTD - FUTURE FIRST RESTRUCTURES
COMPLETION PAYMENT TERMS WITH EAGLESOFT
* FUTURE FIRST TECHNOLOGIES - KEY BENEFITS OF AMENDED,
EXTENDED
TERMS INCLUDE RETENTION OF A$1M WORKING CAPITAL FROM JULY 1,
2022, UNTIL JULY 1, 2023
* FUTURE FIRST TECHNOLOGIES - KEY BENEFITS ALSO INCLUDE
REDUCTION
IN FUTURE CONTINGENCIES FROM A$4M TO A$2M FOR POST-COMPLETION
MILESTONE PAYMENTS
Source text for Eikon: ID:nASX3sWxnt
Further company coverage: FFT.AX
((Reuters.Briefs@thomsonreuters.com;))
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