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F51 — Farm 51 SA News Story

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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

- 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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