Brief: The Farm 51 Group Creditors Declare Takeover Of Chernobylite IP

Farm 51 SA

03/03/2026 07:45

March 3 (Reuters) - The Farm 51 F51.WA:

SAID ON MONDAY THAT ITS CREDITORS FINGAMES FUND 1 AND FINGAMES LENDING HAD DECLARED TAKEOVER OF OWNERSHIP OF CHERNOBYLITE 1 AND CHERNOBYLITE 2 GAME IP RIGHTS INDICATING THE AMOUNT OF EUR 430,000 AS THE VALUE OF THE PLEDGED ITEM FOR THE PURPOSES OF ACQUISITION TO SATISFY THE PLEDGEE

CREDITORS PROPOSE DEAL TO WAIVE REMAINING DEBT PRINCIPAL, IF COMPANY TRANSFERS UNENCUMBERED CHERNOBYLITE 1 AND CHERNOBYLITE 2 IP RIGHTS AND PROVIDES STEAM RE-REGISTRATION DATA

COMPANY DISPUTES VALIDITY OF IP SEIZURE SAYING TAKEOVER SHOULD NOT HAVE LEGAL EFFECT

TOTAL REMAINING DEBT CALCULATED BY CREDITORS AT ABOUT 679,616 EUR AND 524,516 ZLOTYS

CREDITORS DEMAND IMMEDIATE PAYMENT OF ABOUT 179,616 EUR AND 24,516 ZLOTYS IN INTEREST

SEPARATELY, CREDITORS DEMAND ADDITIONAL 700,000 ZLOTYS IN PENALTIES OVER ALLEGED STATUS QUO BREACH

COMPANY DISPUTES 700,000 ZLOTY CLAIM, SAYING IT DOES NOT ACCEPT THE CHARGES AND CHALLENGES THEIR LEGAL BASIS

 Source textS for Workspace: nEM354FLDa nEM3TQYcPa
 Further company coverage: F51.WA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))