Comprehensive update on financing, loss of EIFO support, loan repayments and planned strengthening of the Company’s financial position

▤ Summary

Shape Robotics reports a material financing update that centers on the loss of EIFO-backed support for some bank facilities. The company says certain lenders now want early repayment or restructuring, which increases short-term liquidity pressure. To adapt, it is centralizing banking and cash management in its Finnish subsidiary Sanako and has already secured a new EUR 4 million facility backed by Finnvera. The board also says it may pursue equity-linked instruments, debt conversions, or a future equity issue to strengthen the company’s capital position.

$ Funding

▦ Linked Companies

Sanako

$1M to $5M