Bankruptcy Application – Ayima Group AB

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The Board of Directors of Ayima Group AB (“Ayima”) has today decided to apply to put the Company into bankruptcy. The bankruptcy application will be submitted to Stockholms District Court (Stockholms Tingsrätt) today, June 14, 2024

The board held an emergency meeting today to consider the financial position of the group. The conclusion of the board is that the parent company, White Pearl Technology Group (“White Pearl”), does not have the financial resources readily available to support Ayima’s immediate or long term operating cash requirements. The board has also determined that Ayima’s own financial resources are also insufficient, that the situation is not temporary and that all potential emergency funding options have been exhausted. It is the board’s ultimate conclusion that Ayima is therefore unable to service its creditors or repay its debts to its lenders and it has no option other than to apply for bankruptcy.  

For further Information:
CEO/VD Michael Jacobson
+44-20 7148 5974
press(at)ayima.com
www.ayimagroup.com

About Ayima

Originally founded in 2007, Ayima is a digital marketing agency with around 150 employees across its offices in London, New York, San Francisco, Stockholm and Vancouver. Ayima have created a number of market-leading software tools that are used in by clients and agencies around the world, including, ‘Redirect Path’, ‘Page Insights’, ‘Pulse’ and ‘Appotate’. 

Ayima is listed at Nasdaq First North under the “Ayima B” ticker. Certified Advisor is:

Swedish North Point Securities AB

+46 (0)8-29 11 77,

ca@northpointsec.com

This information is insider information that Ayima Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on June 14, 2024

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