(Finance) – algoWattGreenTech Company listed on Euronext Milan, has announced that, with an order issued today, the Court of Milan he thought of do not grant an extension of asset protection measures requested by the company, in light of the modification, which occurred during the negotiated settlement procedure of the crisis, of certain elements characterizing the restructuring path undertaken.
Also in order to enhance the results achieved while the negotiated settlement procedure of the crisis is pending, following the outcome of the negotiations conducted with the company’s major creditors, algoWatt reserves the right to proceed with the planned restructuring through a alternative toolwe read in a note.