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)
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