Flow Beverage Corp. Announces Extension of the Maturity Date of the Term Loan with RI Flow LLC and RI Flow LLC Waives Events of Defaults of Term Loan and NFS Leasing Canada Ltd. Waives Events of Defaults Under Term Loan
TORONTO -- Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) announced today that RI Flow LLC (“RI Flow”) has extended the maturity date of the Term Loan (“the RI Flow Loan”) to October 31, 2025. The Company also announced today that RI Flow LLC has irrevocably waived any rights and remedies in relation to certain breaches by the Company under the RI Flow Loan and Security Agreement dated October 31, 2024. Separately, NFS Leasing Canada Ltd. (“NFS”) has irrevocably waived any rights and remedies in relation to certain breaches by the Company under the Term Loan and Security Agreement dated December 30, 2022 (the “NFS Loan”). Read More
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