EQS-Ad-hoc: tokentus investment AG / Key word(s): Miscellaneous
tokentus investment AG announces a non-cash unscheduled write-down on an investment
02.03.2023 / 21:18 CET/CEST
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tokentus investment AG announces a non-cash unscheduled write-down on an investment
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Frankfurt am Main, March 2, 2023 The Management Board of tokentus investment AG (the company) (WKN A3CN9R / ISIN: DE000A3CN9R8) decided today to carry out a non-cash, unscheduled and full write-down on the investment in Celsius as of December 31, 2022 Network Ltd., London.
The non-cash impact on earnings for the company’s annual financial statements as of December 31, 2022 is approximately EUR 1.2 million.
The reason for the write-down is the developments in the voluntary Chapter 11 process of the Celsius Network. A planned successful restructuring, in which the shareholders of Celsius Network are taken into account, is not evident from the company’s point of view for various reasons.
Contact Investor Relations:
Oliver Michel
CEO of tokentus investment AG
Phone: +49 175 7222 351
[email protected]
03/02/2023 CET/CEST The EQS distribution services include statutory reporting requirements, corporate news/financial news and press releases.
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