![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eros International Plc | NYSE:EROS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.56 | 0 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Section 13(a)-16 or 15(d)-16
of the Securities Exchange Act of 1934
For the month of August, 2021
001-36176
(Commission file number)
EROS STX GLOBAL CORPORATION
(Exact name of registrant as specified in its charter)
3900 West Alameda Avenue, 32nd Floor
Burbank, California 91505
Tel: (818) 524-7000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrants security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On August 10, 2021, Eros STX Global Corporation (the Company) launched a consent solicitation process to approve certain modifications and waivers with respect the Companys outstanding £50,000,000 6.5% bonds due 2021 (the Consent Solicitation). The proposed modifications and waivers (collectively, the Modifications) include, among other things, (i) an extension of the maturity date from October 15, 2021 to April 15, 2023; (ii) an increase in the interest rate from 6.5% to 8.5%, effective as of October 15, 2021; (iii) extensions of the financial reporting covenants (a) from July 31, 2021 to November 30, 2021 with respect to the obligation to deliver the Companys audited financial statements for the fiscal year ended March 31, 2021, and (b) from November 30, 2021 to January 31, 2022 with respect to the obligation to deliver the Companys interim financial statements for the six months ending September 30, 2021; and (iv) a waiver of the financial covenants regarding the Companys leverage ratio and fixed charge cover ratio until the earlier of the release of the Companys interim financial statements for the six months ending September 30, 2022 and November 30, 2022. The Company is providing a 50 basis points fee for those bondholders who vote on the Modifications by the applicable deadlines. The voting deadline for bondholders is September 1, 2021, with a meeting date to approve the Modifications of September 3, 2021 and, if necessary, an adjourned meeting date expected to be September 17, 2021.
Nothing in this document constitutes an offer to buy or the solicitation of an offer to sell securities in any jurisdiction in which such offer or solicitation would be unlawful.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 10, 2021 | Eros STX Global Corporation | |||||
/s/ Andrew Warren |
||||||
Name: Andrew Warren | ||||||
Title: Chief Financial Officer |
1 Year Eros Chart |
1 Month Eros Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions