SINGULUS TECHNOLOGIES – Provision of Financing
Kahl am Main, February 10, 2023 – SINGULUS TECHNOLOGIES has entered into an agreement to obtain up to € 20.0 million in financing for the next 18 months. Today the first tranche in the amount of € 9.6 million was drawn by SINGULUS TECHNOLOGIES and deposited in an account of the company. SINGULUS TECHNOLOGIES is in coordination with the responsible auditor KPMG AG Wirtschaftsprüfungsgesellschaft, Frankfurt (“KPMG”) regarding the completion of the audit procedures for the two fiscal years 2020 and 2021 in order to be able to issue the attestations by mid-March 2023. The issuance of the audit opinions is a prerequisite for averting further damage to the Company. KPMG states that it is aware of the urgency regarding the possible issuance of the attestations.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Maren Schuster, Investor Relations, Phone: + 49 (0) 160 9609 0279
Bernhard Krause, Company Spokesman, Phone: +49 (0) 172 833 2224