from Tokentus Investment AG (isin : DE000A3CN9R8)
EQS-Adhoc: tokentus investment AG announces a non-cash impairment of an investment
EQS-Ad-hoc: tokentus investment AG / Key word(s): Miscellaneous
tokentus investment AG announces a non-cash impairment of an investment
02-March-2023 / 21:18 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.
tokentus investment AG announces a non-cash impairment of an investment
- Not for distribution, publication or forwarding in the USA, Australia, Canada and Japan -
Frankfurt am Main, 2 March 2023 - The Management Board of tokentus investment AG (the "Company") (WKN A3CN9R / ISIN: DE000A3CN9R8) decided today to make a non-cash, unscheduled and full write-down on its investment in Celsius Network Ltd, London as of 31 December 2022.
The non-cash charge on the company's financial statements as at 31 December 2022 amounts to approximately € 1.2 million.
The reason for the write-down are the developments in the voluntary Chapter 11 proceedings of Celsius Network. From the company's point of view, a planned successful restructuring, in which the shareholders of Celsius Network are taken into account, is not apparent for various reasons.
Contact Investor Relations:
Oliver Michel
CEO of tokentus investment AG
Tel: +49 175 7222 351
oliver.michel@tokentus.com
02-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | tokentus investment AG |
| Taunusanlage 8 c/c WeWork | |
| 60329 Frankfurt | |
| Germany | |
| E-mail: | contact@tokentus.com |
| Internet: | www.tokentus.com |
| ISIN: | DE000A3CN9R8 |
| WKN: | A3CN9R |
| Listed: | Regulated Unofficial Market in Frankfurt, Munich |
| EQS News ID: | 1573717 |
| End of Announcement | EQS News Service |
1573717 02-March-2023 CET/CEST