SIGNA SPORTS UNI. EO-,16 Aktie

BERLIN--(BUSINESS WIRE)--Following the termination of the binding, unconditional equity commitment letter by SIGNA Holding GmbH on October 16, 2023 and the lack of funds to cover the operational financing needs of the SIGNA Sports United entities resulting therefrom, Tennis-Point GmbH, one of the major subsidiaries of SIGNA Sports United N.V., a specialist e-commerce company with business in bike, outdoor and tennis, have filed for insolvency with the competent local court. Other legal entities.» Mehr auf businesswire.com

BERLIN--(BUSINESS WIRE)--SIGNA Sports United N.V. (“SSU” or the “Company”), a specialist sports e-commerce company with businesses in bike, tennis and outdoor today has received a termination notice with respect to the unconditional Equity Commitment Letter from SIGNA Holding GmbH (“SIGNA Holding”), an affiliate of the Company's largest shareholder SIGNA International Sports Holding GmbH (“SISH”). The Company has entered into a binding equity commitment letter dated June 26, 2023 with unconditi.» Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of SIGNA Sports United N.V. (the “Company”) from the NYSE. Trading in the Company's Securities will be suspended immediately. Symbol Description SSU Ordinary Shares, nominal value €0.12 per share SSU WS Public Warrants, each whole warrant to purchase one Ordinary Shares.» Mehr auf businesswire.com