Banc of California accepts the deferral of the outstandings of the two American entities of Egide

On May 11, a wind of panic blew over Egide. That day, the title of the specialist in hermetic protective casings for technological equipment, used in particular in Defense, had fallen by 20.9%, and by more than 35% in five sessions, to less than 1 euro. The reason: the announcement of the postponement of the publication of the 2021 financial report, initially scheduled for May 5, due to the difficulties of the American auditors in certifying the accounts of the Santier and Egide USA entities. Since then, the report has been published on the company’s website and the shares were transferred, on September 2, from the regulated market of Euronext Paris (compartment C) to Euronext Growth Paris, which is less restrictive and less expensive. On the other hand, the situation of Egide USA and Santier is not yet settled. In a brief press release sent this Friday, the hermetic enclosure specialist indicates that Banc of California has accepted the three-month extension of the maturity of all the outstanding amounts of the two American entities. “ It is now due on December 31, 2022 “says Egide, who hopes to have time to convince the financial partners who have positioned themselves on the file. On the stock market, the title is still confined to penny stock status, at 74 cents.