Voxeljet AG Enhances Financial Flexibility Through Strategic Agreement with Anzu

voxeljet AG, known for its significant presence in the industrial technology sphere, has secured a crucial financial boost through an agreement with Anzu, an industrial technology investment fund. This agreement entailed both the restatement and extension of an existing loan, alongside the initiation of an additional new loan, demonstrating a significant step forward in voxeljet AG's financial strategy.

The restated existing loan has a principal amount of USD 3,209,483.12, extending its maturity to January 2028. Meanwhile, the new loan arrangement introduces an additional USD 5,500,000.00, available in two equal tranches. The first tranche is accessible upon the fulfillment of collateral documentation, with the second scheduled for mid-July 2024. This new loan carries a maturity date of June 2026 but includes provisions for earlier repayment under specified conditions. The agreement extends voxeljet AG's financial runway, providing capital for operational financing and facilitating the company's plans to delist and deregister its ADSs.

In securing these financial arrangements, voxeljet AG has provided customary collateral, ensuring Anzu's claims under both the new and existing notes are secured. This marks a pivotal development in voxeljet AG's financial management, aimed at sustaining its operational endeavors and strategic de-listing efforts.