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SHAPE Shape Robotics A/S News Story

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Brief: Shape Robotics Updates On Financing, Loss Of Eifo Support

Nov 28 (Reuters) - Shape Robotics A/S SHAPE.CO:

COMPREHENSIVE UPDATE ON FINANCING, LOSS OF EIFO SUPPORT, LOAN REPAYMENTS AND PLANNED STRENGTHENING OF THE COMPANY'S FINANCIAL POSITION

NO LONGER QUALIFIES FOR EIFO SUPPORT LINKED TO CERTAIN EXISTING BANKING ARRANGEMENTS

CANCELS VOLUNTARY QUARTERLY REPORTS

EIFO GUARANTEES TARE NOT BEING RENEWED, WHICH HAS MATERIAL IMPACT ON CO'S FINANCING STRUCTURE

BANKING PARTNERS SAID FUTURE AVAILABILITY, SIZE, FLEXIBILITY OF CREDIT FACILITIES WILL DEPEND ON STRENGTHENING OF CO'S EQUITY, CAPITAL POSITION

EARLY REPAYMENT REQUESTS DUE TO DISCONTINUED GUARANTEES

CENTRALS BANKING, CASH-MANAGEMENT PROCESSES IN FINNISH UNIT SANAKO OY

SANAKO SECURES EUR 4 MILLION FINANCING FACILITY

Source text: ID:nWkr3X8jbN

Further company coverage: SHAPE.CO

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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