End of negotiations with ABO, conversion of the safeguard procedure into receivership and call for tenders – 11/10/2022 at 6:45 p.m.

NFTY (ALXP:ALNFT) announces:

– the failure of negotiations with ABO relating to the conclusion of a new contract for the issue of bonds convertible into shares of the Company, relating to a total amount of €5 million;

– the filing, by the Judicial Administrator, of a request for conversion of the judicial safeguard procedure into receivership, with the Commercial Court of LYON, which will examine it at its hearing on November 22, 2022;

– the launch of a call for tenders open until December 2, 2022 at 12 noon, with a view to the presentation of a continuation plan by partners or investors (articles L.626-1 and L.626-3 of the commercial code), or a transfer plan by one or more buyers (articles L.642-1 et seq. of the commercial code).

Read more in the attached PDF release.

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