EQS-Adhoc: SINGULUS TECHNOLOGIES AG: Reorganization of financing - Publication of half-year report delayed

EQS-Ad-hoc: SINGULUS TECHNOLOGIES AG / Key word(s): Financing/Half Year Report
SINGULUS TECHNOLOGIES AG: Reorganization of financing - Publication of half-year report delayed

13-Aug-2024 / 18:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Article 17 MAR

SINGULUS TECHNOLOGIES - Reorganization of financing - Publication of half-year report delayed

Kahl am Main, August 13, 2024 - The Executive Board of SINGULUS TECHNOLOGIES is currently negotiating with Triumph Science and Technology Group Co. Ltd. based in Beijing ("Triumph") about the restructuring of the financing.

The background to this is Triumph's written commitment to provide the company with sufficient liquid funds to meet its financial obligations until the conclusion, repayment or successful settlement of certain currently existing financing components and contracts, but no later than the end of March 31, 2025.

The reorganization of the entire financing between SINGULUS TECHNOLOGIES and Triumph has not yet been sufficiently clarified. Against this background, the company is postponing the publication of the half-year report 2024, which is scheduled for August 14, 2024, until final clarification with Triumph.

The successful conclusion of the talks with Triumph is expected by August 23, 2024.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A2AA5H / ISIN DE000A2AA5H5

Contact:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224

 



End of Inside Information

13-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English Company: SINGULUS TECHNOLOGIES AG Hanauer Landstrasse 103 63796 Kahl am Main Germany Phone: +49 (0)1709202924 Fax: +49 (0)6188 440-110 E-mail: bernhard.krause@singulus.de Internet: www.singulus.de ISIN: DE000A1681X5, DE000A2AA5H5 WKN: A1681X, A2AA5H Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1967307
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1967307  13-Aug-2024 CET/CEST