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from Creditshelf Aktiengesellschaft (isin : DE000A2LQUA5)

EQS-Adhoc: creditshelf Aktiengesellschaft: ORDER FOR START OF PROTECTIVE SHIELD PROCEEDINGS

EQS-Ad-hoc: creditshelf Aktiengesellschaft / Key word(s): Insolvency/Restructure of Company
creditshelf Aktiengesellschaft: ORDER FOR START OF PROTECTIVE SHIELD PROCEEDINGS

07-Feb-2024 / 16:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Public disclosure of an insider information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse, as amended (Market Abuse Regulation - MAR).

 

CREDITSHELF AKTIENGESELLSCHAFT: COURT ORDER FOR START OF PROTECTIVE SHIELD PROCEEDINGS

Frankfurt am Main, 7 February 2024 - As applied by creditshelf AG (WKN A2LQUA, ISIN DE000A2LQUA5, ticker symbol CSQ, "creditshelf") the Local Court of Frankfurt am Main today ordered the preparation of a restructuring (protective shield) in accordance with Section 270d of the German Insolvency Code (Insolvenzordnung) as part of provisional self-administration proceedings. The court appointed Dr Robert Schiebe, a lawyer based in Frankfurt am Main, as provisional trustee. Business operations are to be continued in full and the company restructured. To support the restructuring in self-administration, the Management Board has appointed Martin Mucha, a lawyer and recognized expert with extensive experience in comparable restructuring cases, as its general representative.

<End of Ad hoc announcement>

 

Communications & IR:

creditshelf Aktiengesellschaft
Alexander Plenk, CFA
Head of HR, Finance & Capital Markets
Mainzer Landstrasse 33a
60329 Frankfurt
Phone: +49 348 7724 10
ir@creditshelf.com
www.creditshelf.com

 

About creditshelf

creditshelf is the next generation digital corporate financier. Founded in 2014 and headquartered in Frankfurt am Main, the company arranges bank-independent, flexible financing solutions via a steadily growing network. In doing so, creditshelf combines complementary needs: While SMEs can easily access attractive financing alternatives, institutional investors can invest directly in German SMEs and cooperation partners can support their clients as innovative providers of new credit solutions. The core of creditshelf’s business model is a unique, data-driven risk analysis as well as unbureaucratic, fast and digital processes. The entire value chain comes from one single source. The creditshelf platform is used to select suitable loan projects, analyze the creditworthiness of potential borrowers, provide credit scoring as well as risk-adequate pricing. For these services, creditshelf receives fees from both borrowers and investors.

creditshelf has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since 2018. The experts of the creditshelf team have years of experience in SME financing and are trusted partners and visionaries for tomorrow’s entrepreneurs.



End of Inside Information

07-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:English
Company:creditshelf Aktiengesellschaft
Mainzer Landstrasse 33a
60329 Frankfurt/Main
Germany
E-mail:ir@creditshelf.com
Internet:www.creditshelf.com
ISIN:DE000A2LQUA5
WKN:A2LQUA
Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1832635

 
End of AnnouncementEQS News Service

1832635  07-Feb-2024 CET/CEST

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