Brief: New Wave To Book $7 Mln Impairment In Q3 Due To Repayment Of Loans

New Wave AB

20/10/2025 07:37

Oct 20 (Reuters) - New Wave Group AB NEWAb.ST:

SAID ON FRIDAY CHARGED $7 MILLION TO Q3 IN CONNECTION WITH REVIEW BY U.S. DEPARTMENT OF JUSTICE ON REPAYMENT OF FORGIVEN PPP LOANS PLUS DAMAGES AND ASSOCIATED COSTS

SAYS IN LIGHT OF REVIEW REPAYMENT OF FULL AMOUNT, ALONG WITH CERTAIN FEES, INTEREST, DAMAGES AND ASSOCIATED COSTS, WILL BE REQUIRED

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