In
However, the commercial partnership never materialized. Instead, Valuno has achieved high growth through other collaborations. Valuno’s financial position has significantly improved since the agreements were originally signed, leading the company to initiate renegotiations. Today, Valuno is pleased to announce that these negotiations have now been concluded, resulting in a new agreement.
Under the new agreement, all contracts between Valuno and Paysecure will be terminated with immediate effect, no new share issuance will take place, and Valuno will repay the €0.5 million loan along with a market-based interest component. As a result, no dilution of shares will occur under these agreements.
At the same time, both parties have left the door open for future collaborations and investments, which would be based on new agreements and updated conditions.
"We are very pleased to have reached this solution and would like to thank Paysecure for their flexibility in these negotiations. Valuno is in a much stronger position today than when we originally negotiated with Paysecure in the fall of 2023. Once again, this demonstrates the importance of choosing the right business partners. A long-term belief in the company has driven all parties to seek a new agreement that aligns with Valuno’s much faster recovery than we initially thought possible in late 2023. We view future collaboration opportunities positively. For Valuno, this is a very favorable outcome. We are pleased to inform our shareholders that no dilution will take place as a result of the previous agreements with Paysecure," says
For further information, please contact:
+46 (0)10-2045431
ir@quickbit.com
------------------------------------
© Modular Finance, source
