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sur Voxeljet AG (NASDAQ:VJET)

Voxeljet AG Secures Court Approval for Restructuring Plan

Voxeljet AG has obtained court confirmation for its StaRUG Plan, providing crucial support for the company's financial future. The Munich court approved the plan, enabling the high-speed, large-format 3D printer provider to focus on operations and stakeholders. The plan includes a EUR 2.5 million equity infusion from Anzu Special Acquisition Corp II, along with a debt waiver totaling EUR 3.5 million and a debt maturity extension to 2031.

CEO Rudolf Franz stated the plan was implemented quickly to reduce operational disruptions. This strategy aims to ensure voxeljet's long-term financing and sustainability. The confirmed plan results in reducing the share capital to zero and excluding current shareholders without compensation, followed by a capital increase.

No interest will be paid before mid-2026, with reduced rates commencing thereafter. With immediate implementation once legally binding, voxeljet anticipates a stable financial pathway.

R. P.

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