Update on Timeline for SAS Equity Solicitation Process
SAS AB (“SAS” or the “Company”) announces that it will extend the timeline for its equity solicitation process by one week, at the request of one or more bidders. The new deadline for potential investors to submit final bids is September 25, 2023.SAS is currently running a competitive and broad equity solicitation process, with the aim of soliciting investments in the reorganized Company. SAS has received substantial interest from potential investors participating in the process. At the request of one or more bidders, SAS has decided to extend the timeline for the equity solicitation