Ad hoc announcement according to article 53 KR
Talenthouse AG: Approval of provisional debt-restructuring moratorium as part of the restructuring process
Baar (pta024/25.08.2023/14:45 UTC+2)
Talenthouse AG ("Talenthouse" or "Company") has applied to the Cantonal Court of Zug for a provisional debt-restructuring moratorium as part of its restructuring process. The court approved the provisional debt-restructuring moratorium, with start yesterday (24 August 2023).
The provisional debt-restructuring moratorium offers the company the possibility to implement the planned restructuring measures without undue pressure. Talenthouse will inform on further steps in the restructuring process in due course.
Talenthouse asks all shareholders, creditors and other stakeholders to support the planned restructuring measures. Without such support the threat of bankruptcy remains – despite the moratorium – imminent, which would in the view of the Company be the worst-case scenario for all parties.
About Talenthouse AG
Talenthouse AG is a technology platform and services company that brings brands and a global network of creatives together to make innovative content that engages, inspires, and drives action. Talenthouse is leading a structural shift in the way that creative content is produced, employing a platform business model to source content at the scale and quality required to keep pace with consumer demand in the digital age. In doing so, it also opens up opportunities for a much larger pool of creative talent. While most industries are in recession, the global creator economy, a $2.8 trillion market, is still growing.
TalentPlus is Talenthouse AG's financial services vertical, providing creators with financial services solutions to support their creative endeavours. The company is registered in Switzerland and operationally headquartered in London. For more information visit: www.business.talenthouse.com
Stock exchange listing: SIX Swiss Exchange (www.six-swiss-exchange.com)
Ticker symbol: THAG (CH)
Security number: 1 081 986
ISIN: CH0010819867
Contact: Talenthouse AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland
Talenthouse contacts:
Investor Relations:
Email: Michael Wachsler michael.wachsler@yahoo.com
Disclaimer
This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Talenthouse AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser.
This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Talenthouse AG as of this date and Talenthouse AG does not assume any obligation to update or revise this media release.
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Emitter: |
Talenthouse AG Zugerstrasse 8a 6340 Baar Switzerland |
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Contact Person: | Michael Wachsler | |
Phone: | +41 43 344 38 14 | |
E-Mail: | michael@yahoo.com | |
Website: | www.business.talenthouse.com | |
ISIN(s): | CH0010819867 (Share) | |
Stock Exchange(s): | SIX Swiss Exchange |