FlexShopper 2, LLC and FlexShopper, LLC, subsidiaries of FlexShopper Inc., have recently entered into a Limited Forbearance and Reaffirmation agreement with Powerscourt Investments 50, LP, serving as the administrative agent. This agreement, initially reported by the company, was executed on August 16, 2025. Subsequently, on August 22, 2025, the administrative agent decided to extend the Forbearance Period, now scheduled to conclude on September 3, 2025, or upon the occurrence of any additional events of default, excluding the already specified defaults. The Forbearance and Reaffirmation remains otherwise unchanged and continues to be in full effect.
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. FlexShopper Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-080409), on August 25, 2025, and is solely responsible for the information contained therein.