Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore


“In order to address these liquidity issues, the group has been in negotiation with potential investors to obtain equity financing through the issuance of new shares, and in negotiation with Bifinity seeking, amongst other things, a waiver of breaches and an amendment of terms under the loan agreement. Unfortunately, despite the group’s best efforts, these negotiations have not been successful,” the company said.

Products You May Like

Articles You May Like

State spending off the charts thanks to pandemic
5 Awesome Things About Trading Vertical Spreads!
SCOTUS won’t hear teachers’ appeal of Puerto Rico plan of adjustment
Crypto Exchange Huobi Denies Rumors It Will Merge With Poloniex
Stocks making the biggest moves premarket: Deere, HP, Nordstrom and others

Leave a Reply

Your email address will not be published. Required fields are marked *