Under the restructuring of the bank loans, CVI Investments, Inc., an entity managed by Heights Capital Management, Inc. (Heights) and Kabuto Technology Co., Ltd. (Kabuto) agreed to take over the full position of ING Bank N.V. Respectively, under Ebusco’s letters of credit and bank guarantee facilities (the Bank Loans), subject to certain conditions. The Bank Loans have been transferred to Heights and Kabuto for amounts of EUR 4.6 million and EUR 8.2 million, respectively. Subject to the approval from the EGM, Heights and Kabuto have the option to convert their loans into shares in Ebusco on or after 19 August 2025. On 15 August 2025, Heights indicated to Ebusco that it will not exercise this option, meaning that its portion of the Bank Loans will not be converted into ordinary shares in Ebusco for now and will be amended into a convertible loan agreement with a maturity of 19 August 2026.With good connections from the main roads to minor roads, we will improve traffic flows and thus certainty about travel time. This is particularly important for residents of Voorne-Putten who work in the Rotterdam region. Looking ahead, as we have said before, we are not immune to the geopolitical uncertainty and the continued strain on the global supply chain. Uncertainty in the supply chain continues, we have to cope with delayed deliveries and higher costs.klik nu !2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x47c42f84253ff3c3%3A0xcb8465c76e610368!2sDordrecht%20Auto%20Inkoop!5e0!3m2!1sen!2sph!4v1764045108932!5m2!1sen!2sph" width="600" height="450" style="border:0;" allowfullscreen="" loading="lazy" referrerpolicy="no-referrer-when-downgrade">The extensive network of cycle routes, the many recreational amenities, historic towns and varied housing options make this a lovely place to live. Improving accessibility in the metropolitan area means improving the future for the people who live and work here. With this in mind, the 21 municipalities are developing high-quality and innovative public transport. Contact Us Dordrecht Auto Inkoop Email:
[email protected] Phone: +31783690236 Pieter Zeemanweg 47 Dordrecht, Zuid Holland, NL 3316 GZ Although Ebusco is putting significant effort in finding a strategic investor and/or obtaining refinancing, the above disclosed uncertainties, both individually and in aggregate, create a material uncertainty regarding Ebusco’s ability to continue as going concern. The first reassigned buses for Rouen and NIAG have been delivered and the delivery to EBS will commence in the next weeks. Throughout the year, Ebusco delivered 157 buses and signed contracts for 48 buses.This contract fits within Ebusco’s overall strategy to further develop its energy related operations. The number of Ebusco shares on issue following the conversion of the aforementioned portion of the Heights Convertible Bond is 81,168,858. It is further agreed that Kabuto (or any of its affiliates or partners) may take over the Heights portion of the Bank Loans by no later than 14 August 2025, which would then convert into shares in Ebusco on 19 August 2025, at the same terms. The voting results will be published on the Ebusco investor website within 5 working days. On 7 July 2025, the Company announced that Heights and Kabuto Technology Co., Ltd. (Kabuto) agreed to take over the full position of ING Bank N.V.