Facility A u de the Se io Facilities Ag eeme t ow sta ds at EUR 4,000,000, a d the I c eme tal Facilityp ovides the Compa y with additio al fi a cial flexibility to suppo t the G oup’s liquidity positio pe di gcompletio of the st ategic eview p ocess a ou ced by the Compa y.
The Compa y’s Boa d of Di ecto s has also app oved the possibility of fu the i c eme tal facilities of up to EUR10,000,000 i agg egate, i cludi g the amou t desc ibed above. A y such fu the facilities would emai subjectto the app oval of F a cisco Pa t e s a d the co ditio s of the Se io Facilities Ag eeme t, a d would p ovidethe Compa y with a pote tial additio al sou ce of fu di g as it co ti ues to wo k towa ds a st ategict a sactio .
I co ectio with the I c eme tal Facility, the Compa y a d its se io le de s have ag eed ce tai ame dme ts to the Se io Facilities Ag eeme t, i cludi g a i c ease i the applicable PIK i te est ate o Facility A a d the CAF facility f om 8.00% to 10.50% pe a um, a o igi al issue discou t fee of 3.00% o amou ts d aw u de the I c eme tal Facility, a d the i t oductio of a p epayme t p emium of 5.00% o amou ts p epaid o epaid u de Facility A a d/o the CAF facility.
About Ba qup G oupBa qup G oup delive s i teg ated cloud-based SaaS solutio s to st eamli e busi ess t a sactio s ac oss thee ti e lifecycle, f om e-i voici g a d e-payme ts to tax epo ti g. Ba qup, ou solutio fo busi esses, u ifiespu chase-to-pay, o de -to-cash, e-i voici g complia ce, a d e-payme ts i to o e secu e platfo m, emovi gthecomplexity of juggli g disco ected tools. eFaktu a Wo ld, ou solutio fo gove me ts, is a comp ehe sivedigital platfo m desig ed fo tax admi ist atio s to impleme t e-i voici g a d st eamli e both B2G a d B2B tax epo ti g flows. To lea mo e about Ba qup G oup a d ou solutio s, please visit ou website: Ba qup G oupCautio a y ote ega di g fo wa d-looki g stateme ts: The stateme ts co tai ed he ei may i clude p ospects,stateme ts of futu e expectatio s, opi io s, a d othe fo wa d-looki g stateme ts i elatio to the expectedfutu e pe fo ma ce of Ba qup G oup a d the ma kets i which it is active. Such fo wa d-looki g stateme ts a ebased o ma ageme t’s cu e t views a d assumptio s ega di g futu e eve ts. By atu e, they i volve k ow a d u k ow isks, u ce tai ties, a d othe facto s that appea justified at the time at which they a e made butmay ot tu out to be accu ate. Actual esults, pe fo ma ce o eve ts may, the efo e, diffe mate ially f om thoseexp essed o implied i such fo wa d-looki g stateme ts. Except as equi ed by applicable law, Ba qup G oupdoes ot u de take a y obligatio to update, cla ify o co ect a y fo wa d-looki g stateme ts co tai ed i thisp ess elease i light of ew i fo matio , futu e eve ts o othe wise a d disclaims a y liability i espect he eto.The eade is cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts.
