Brief: Rizzo Says Needs To Secure Additional Financing

Rizzo AB

08/06/2022 15:31

June 8 (Reuters) - Rizzo Group AB  RIZZOb.ST :
    * NEEDS TO SECURE ADDITIONAL FINANCING
    * IS IN TALKS WITH MAJOR SHAREHOLDERS ON SHORT-TERM
FINANCING
    * NEEDS TO SECURE LONG-TERM FINANCING BY END OF AUGUST
    * WILL FIND IT DIFFICULT TO MANAGE LIQUIDITY, CONTINUE
OPERATIONS
IF EFFORTS TO SECURE FINANCING IS UNSUCCESSFUL, BANKING DEAL IS
NOT EXTENDED OR SALES PLAN CAN NOT BE FOLLOWED

Source text for Eikon:  ID:nWkr6W2bSg 
Further company coverage:  RIZZOb.ST 

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