Atari SA Announces Debt Repayment Through Capital Increase, Issuing New Shares to Settle €13.9 Million Loan from IRATA LLC

Reuters

08/08

<a href="https://laohu8.com/S/PONGF">Atari</a> SA Announces Debt Repayment Through Capital Increase, Issuing New Shares to Settle €13.9 Million Loan from IRATA LLC

Atari SA, a renowned name in the interactive entertainment industry, has announced a significant financial maneuver involving the repayment of loans amounting to €13.9 million to Irata LLC through a capital increase. This decision, unanimously approved by Atari's Board of Directors, involves issuing 97,718,187 new shares to Irata LLC, the holding company of Atari's Chairman and CEO, Wade Rosen. This move is part of a strategic effort to manage the company's financial obligations, with the newly issued shares representing 21% of Atari's share capital. Following this transaction, Irata LLC's ownership will increase to 41.7% of the share capital and 39.5% of the voting rights. This repayment reduces the outstanding loan amount from Irata LLC to approximately €10 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atari SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001121889-en) on August 07, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atari SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001121889-en) on August 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2095319765.USD","symbol_name":"Natixis Thematics Subscription Economy R/A USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nNDL2mC3pM:1","article_id":"2557674985","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557674985","pubTimestamp":1754582417,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Atari SA, a renowned name in the interactive entertainment industry, has announced a significant financial maneuver involving the repayment of loans amounting to 13.9 million to Irata LLC through a capital increase. 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This decision, unanimously approved by Atari's Board of Directors, involves issuing 97,718,187 new shares to Irata LLC, the holding company of Atari's Chairman and CEO, Wade Rosen. This move is part of a strategic effort to manage the company's financial obligations, with the newly issued shares representing 21% of Atari's share capital. Following this transaction, Irata LLC's ownership will increase to 41.7% of the share capital and 39.5% of the voting rights. This repayment reduces the outstanding loan amount from Irata LLC to approximately €10 million.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atari SA published the original content used to generate this news brief via GlobeNewswire (Ref. 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