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Pluribus Technologies Corp. Announces Further Amendment to Second Forbearance Agreement

Newswire.ca - Tue Oct 15, 11:13PM CDT

TORONTO, Oct. 16, 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 Amendment, the Lender has agreed to extend the Forbearance Period to October 18, 2024, providing the Lender with additional time to review and consider the status of the repayment process.

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