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Friday, June 09, 2023 2:59:30 PM
Ethema Files 8K on Debt Restructure
July 22, 2022 15:09 ET
https://www.globenewswire.com/en/news-release/2022/07/22/2484639/0/en/Ethema-Files-8K-on-Debt-Restructure.html
filed an 8-K today reporting the finalized new note to replace the expiring notes from Labrys Fund that were coming due at the end of June 2022. The new note extends the maturity for 9 months from June 1, 2022 and it also allows the Company to avoid further costs built into the note if the original amount owing under the Labrys notes is paid off by October 3, 2022.
The Company’s ARIA subsidiary is steadily increasing cash flow and should generate enough to repay the note in full prior to maturity.”
Ethema Reports Second Quarter Results
August 15, 2022 15:00 ET
https://www.globenewswire.com/en/news-release/2022/08/15/2498474/0/en/Ethema-Reports-Second-Quarter-Results.html
....We were successful in extending terms on our debt and expect to begin paying that off in the coming months.”
Ethema Extends Dates for Debt Repayment and Real Estate Closing
March 01, 2023 08:00 ET
has signed an extension and forbearance agreement with Leonite Capital Inc. extending the due date for its note due March 1, 2023. The Company will continue to pay interest on the note and it will be due May 8, 2023.
Ethema Reports Updates and Extends Forbearance
June 08, 2023 13:50 ET
https://www.globenewswire.com/en/news-release/2023/06/08/2685133/0/en/Ethema-Reports-Updates-and-Extends-Forbearance.html
The company is in negotiation with its senior lender on repayment of its debt and convertible notes. The lender has agreed to extend the original forbearance agreement expiring June 8, 2023, until June 28, 2023 to agree to a plan for repayment of the Leonite debts and convertible loans.
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