Bragg Gaming Group announced an agreement to extend the maturity date of its existing promissory note to August 15, 2025. An aggregate principal amount of USD 2 million remains outstanding on this note. This extension provides the company with additional time to manage its financial obligations.
This short-term extension follows a previous agreement in April 2025 where Bragg repaid USD 5 million of the original USD 7 million note. The company continues to actively manage its debt structure. It aims to optimize its financial position for ongoing operations.
Bragg also confirmed that it continues to progress towards securing a new revolving credit facility. This new facility is expected to provide a more stable and long-term financing solution. The company's efforts demonstrate a proactive approach to ensuring financial flexibility and supporting future growth.
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