METAVISIO Signs Strategic Agreement for its Financial Recovery

METAVISIO, operating under the THOMSON Computing brand, announces the signing of an exclusive letter of intent with the investment fund Balthus. This agreement aims for a restructuring plan based on classes of affected parties. The plan includes a cash settlement option, contingent upon a significant debt write-off.

To finance the plan, up to €4 million will be raised to settle liabilities. METAVISIO aims to restore its equity through this financing and debt repayment. Balthus also commits to financing cash flow needs during the observation period, with a ceiling of €750,000.

Furthermore, METAVISIO will receive an additional €6.3 million in financing to cover its working capital requirements during the resumption of operations. The timeline for these operations is detailed, with key milestones expected by March 2027.