Atlantic Sapphire enters restructuring agreement, secures long-term financing solution

• Atlantic Sapphire entered into a restructuring agreement on May 22, 2026, putting a long-term financing package in place.
• The plan targets new cash liquidity of USD 20 million minimum, rising to USD 26 million at maximum subscription.
• It also предусматривает debt reduction of USD 70.8 million minimum, increasing to USD 74.7 million at maximum participation.
• Key measures include conversion of a bridge loan into equity, private placement proceeds, partial write-down of the Convertible Loan, and conversion of the remaining portion into equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlantic Sapphire ASA published the original content used to generate this news brief on May 23, 2026, and is solely responsible for the information contained therein.