Brief: Special Committee Of Startek Updates Stockholders On Status Of Preliminary Non-Binding Proposal By CSP
21/06/2022 14:31
June 21 (Reuters) - Startek Inc SRT.N :
* SPECIAL COMMITTEE OF STARTEK UPDATES STOCKHOLDERS ON
STATUS OF
PRELIMINARY NON-BINDING PROPOSAL BY CSP
* STARTEK - IN RESPONSE TO ONGOING REQUESTS FROM SPECIAL
COMMITTEE, CSP NOTIFIED IT HAS US$20 MILLION OF AVAILABLE CASH
AND/OR UNFUNDED CAPITAL COMMITMENTS
* STARTEK - CSP BELIEVES PROPOSED DEAL, ALL RELATED COSTS,
EXPENSES TO BE FUNDED BY US$20 MILLION OF EQUITY FINANCING, WITH
BALANCE TO BE FUNDED BY DEBT FINANCING
Source text for Eikon: ID:nBw4sQZLNa
Further company coverage: SRT.N
((Reuters.Briefs@thomsonreuters.com;))
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