KRM22 Restructures Loan Facility to Boost Financial Flexibility

 

KRM22 PLC (LSE:KRM) has announced a restructuring of its convertible loan facility with its largest shareholder, Trading Technologies International, Inc. Under the revised terms, all interest payments have been deferred until June 2026, allowing the company to conserve cash. In addition to the deferred payments, the loan’s interest rate will slightly increase, and the facility’s total amount will be reduced. These changes are aimed at providing KRM22 with enhanced financial flexibility as it focuses on expanding its Annual Recurring Revenue (ARR) and controlling costs to reach cash profitability.

The company’s independent directors have deemed these amendments to be fair and reasonable, supporting KRM22’s strategic goal of solidifying its financial position while pursuing long-term growth.

About KRM22 PLC

KRM22 PLC is a closed-ended investment firm listed on AIM since April 2018, specializing in technology and software investments. The company’s primary focus is on risk management solutions for capital markets, with its Global Risk Platform designed to help firms optimize systems and reduce the complexity and costs associated with risk management. By investing in and developing high-potential companies in this space, KRM22 aims to deliver value to investors.

Market Overview

• Year-to-Date Share Price Performance: -17.50%

• Average Daily Trading Volume: 5,000 shares

• Technical Sentiment: Buy

• Market Capitalization: $12.71 million

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