(Tiper Stock Exchange) – ePricea company listed on Euronext Milan which is in financial difficulty, has announced that it has appeal filed pursuant to art. 40 CCII, for the request for approval of debt restructuring agreements pursuant to art. 57 CCII stipulated with some creditors, together with the debt restructuring plan and the expert’s report certifying the truthfulness of the company data and the feasibility of the restructuring plan.
As already communicated to the market, the restructuring agreement it is based on a proposal received in February 2022 from Negma Groupin which Negma itself provided the guidelines of the restructuring project, confirming the interest of said investor in recapitalising the company to allow the satisfaction of ePrice’s current and future obligations and at the same time finance ePrice so that it could invest in Italian and European companies active in the tech sector.
In mid-September 2022 thetotal debt of ePrice amounted to approximately 12.2 million euro, of which 6.7 million was due from banks. Following a new shareholder loan, ePrice expects that the debt at the effective date envisaged by the restructuring agreement will rise to approximately 12.8 million.
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