Voxeljet and Anzu’s industrial technology investment fund agreed to amend and restate the existing loan note which the company has issued to Anzu with a principal amount of USD 3,209,483.12 and a maturity date of January 3, 2028 and to agree on an additional new loan note. The New Loan Note has a principal amount of $5.5M which will be made available in two tranches of $2.75M each, the first tranche upon Anzu having received duly executed collateral documentation and the second tranche on July 15, 2024 (or such earlier date determined by either party). The New Loan Note has a maturity date of June 30, 2026, but may be due earlier for repayment if a fundamental change as defined in the New Loan Note occurs. The Existing Loan Note has been amended and restated to largely equal the terms and conditions of the New Loan Note.
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