Brief: REC Silicon Soon To Require Additional Financing, Updates On Request For Investigation
23/06/2025 07:19
June 23 (Reuters) - REC Silicon ASA RECSI.OL: SAID ON FRIDAY IT DOES NOT HAVE ENOUGH AVAILABLE CASH TO MEET DEBT SERVICE AND OTHER ANTICIPATED OPERATING CASH FLOW REQUIREMENTS FOR THIS YEAR WITHOUT CONTINUED SUPPORT FROM MAJOR SHAREHOLDER HANWHA OR ADDITIONAL SOURCES OF CAPITAL WILL SOON REQUIRE ADDITIONAL FINANCING FROM HANWHA OR OTHER SOURCES CONDUCTED AN INTERNAL REVIEW WITH AN EXTERNAL LAW FIRM ON THE FACTUAL MATTERS RAISED IN THE REQUEST FOR INVESTIGATION AND FOUND NO WRONGDOING BY THE COMPANY IF A NORWEGIAN COURT ORDERS AN INVESTIGATION INTO THE FACTUAL MATTERS OF THE REQUEST, THE COMPANY WILL PROVIDE THE INFORMATION REQUESTED BY SUCH ORDER Source text for Workspace: nMFN9ZPRTM Further company coverage: RECSI.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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