Acroud announces approval in the written procedure under its outstanding bond loan and the end of the subscription period for super senior bonds
Acroud AB (publ) (the “Company” or “Acroud”) today announces the successful completion of the written procedure that was initiated on 18 December 2024 (the "Written Procedure") in relation to its outstanding bond loan 2022/2025 with ISIN SE0017562481 (the “Bonds”).
Acroud initiated the Written Procedure on 18 December 2024 to request the holders of the Bonds (the "Bondholders") to vote in favour of, among other things, the transactions included in the restructuring term sheet entered into between a bondholder committee representing approximately 42.5% of the adjusted nominal amount of the Bonds, the Company’s major shareholders representing 66.9% of the votes and share capital and certain other creditors setting out the terms in principle regarding the future financial and capital structure of Acroud and its subsidiaries (the “Request”).
A sufficient number of Bondholders participated in the Written Procedure in order to form a quorum, and a requisite majority of the Bondholders voted in favour of approving the Request. Accordingly, the agent, Nordic Trustee & Agency AB (publ), has today concluded the Written Procedure.
Acroud also announces that the subscription period for participating in the issue of Super Senior Bonds (as defined in the notice of Written Procedure) has ended. Those who have subscribed for and been allocated Super Senior Bonds in accordance with the allocation principles will be contacted directly by Pareto Securities in its capacity as the issuing agent.
Acroud will continue with the implementation of the contemplated transactions as set out in the notice of Written Procedure and is proceeding on the basis of the indicative time plan included in the notice of Written Procedure. The final time plan of implementing the contemplated transactions will be published by way of a press release after the extraordinary general meeting has been held on 24 January 2025.
For more information regarding the Written Procedure, and a more detailed description of the Request and the transactions included in the restructuring term sheet, please see the notice of Written Procedure on the Company’s and the Agent’s respective websites.
For questions to the Agent regarding the administration of the Written Procedure, please contact the Agent at voting.sweden@nordictrustee.com or +46 8 783 79 00.
Responsible parties
The persons below may also be contacted for further information.
For further information, please contact:
Robert Andersson, President and CEO
+356 9999 8017
Andrzej Mieszkowicz, CFO
+356 9911 2090
ACROUD AB (publ)
Telephone: +356 2132 3750/1
E-mail: info@acroud.com
Website: www.acroud.com
Certified Adviser: FNCA Sweden AB, info@fnca.se
From May 2024 (Q1 Report) Acroud has changed reporting and company language to English. This means that Interim Reports and the correlated press releases will be issued in English only.
About ACROUD AB
ACROUD is a fast-growing global challenger that operates and develops comparison and news sites within Poker, Sports Betting and Casino. Acroud also offers SaaS solutions for the iGaming affiliate industry. In past years, a number of companies have joined the ride and thus several experienced individuals in the industry leads Acroud’s journey to become ”The Mediahouse of The Future”. Our mission is to connect people, Content Creators (Youtubers, Streamers, Affiliates) and businesses. We are growing fast and remain a leading global player in the industry with just over 70 people in Malta, United Kingdom, Denmark and Sweden. Acroud has been listed on the Nasdaq First North Growth Market since June 2018.