Brief: Shimmick Says In Process Of Negotiating Waiver, Amendment With Lender

Shimmick

13/05/2024 21:47

May 13 (Reuters) - Shimmick Corp  SHIM.O :
    * SHIMMICK CORP FILES NON-TIMELY 10-Q WITH U.S. SEC
    * SHIMMICK - IN PROCESS OF NEGOTIATING WAIVER, AMENDMENT
WITH
LENDER, PURSUING ALTERNATIVE FINANCING ARRANGEMENTS WITH OTHER
POTENTIAL LENDERS
    * SHIMMICK - IF CO UNABLE TO OBTAIN WAIVER OR NEW FINANCING
OR
LENDER EXERCISES RIGHT TO ACCELERATE REPAYMENT, MAY IMPACT CO'S
ABILITY TO CONTINUE AS GOING CONCERN

Source text for Eikon:  ID:n0000950170-24-058736 
Further company coverage:  SHIM.O 

 ((Reuters.Briefs@thomsonreuters.com;))