Voxeljet AG Announces Restatement And Extension Of Loan Financing With Anzu
Portfolio Pulse from Benzinga Newsdesk
Voxeljet AG (VJET) and Anzu have amended and restated an existing loan note and agreed on a new loan note, totaling over $8.7 million in financing. The funds will support Voxeljet's operational financing and the delisting and deregistration of its ADSs. The existing loan note's terms have been aligned with the new loan note, which is due for repayment by June 30, 2026, with provisions for earlier repayment under certain conditions.
March 12, 2024 | 8:17 pm
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Voxeljet AG has secured additional financing through an amended and new loan note agreement with Anzu, totaling over $8.7 million. This financial move is aimed at supporting the company's operational needs and facilitating the delisting and deregistration of its ADSs.
The additional financing through the new and amended loan notes provides Voxeljet with a significant financial boost, which is critical for its operational sustainability and strategic moves like ADS delisting. This influx of funds is likely to be viewed positively by investors, as it demonstrates confidence from Anzu and provides the company with more flexibility in its operations and strategic initiatives.
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