TORONTO, Oct. 9, 2024 /CNW/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company") announces an amendment (the "Amendment") to the previously-announced forbearance agreement (the "Second Forbearance Agreement") dated August 14, 2024 between the Company and National Bank of Canada (the "Lender"), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender. Under the Second Forbearance Agreement, the Company provided a covenant to close a certain sale transaction, in respect of which the Company has executed a non-binding letter of intent, on or before September 16, 2024. Under the Amendment, the Lender has agreed to extend the term of the covenant to close such sale transaction on or before October 15, 2024.
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