01-Oct-2026 20:23:52
AXISCADESGeneral news
AXISCADES TECHNOLOGIES LIMITED : AMENDS BUSINESS TRANSFER AGREEMENT
• The company amended certain commercial and operational terms of the Business Transfer Agreements and Master Framework Agreement. • The amendment does not alter the overall transaction value. • It revises the reference date for the applicable foreign exchange rate and payment and holdback arrangements. • There is a temporary hold back of USD 3,314,216 and USD 800,000 pending transfer of certain business contracts and repayment of an existing bank facility. Impact: Neutral (Amendment revises commercial and operational terms without altering overall transaction value or structure)
AXISCADES Technologies Limited
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