CYBERGUN: End of the equitization process and modification of the trust contract

On December 16, 2024, CYBERGUN, the world leader in recreational shooting, announced the completion of its equitization process and the signing of an amendment to the trust agreement. Initially, the trust was created to manage the bonds redeemable in shares issued in December 2022. This process included the conversion into shares of the 6,487 ORA, their sale on the market and the subscription of dry bonds.

With the signing of the amendment, the equitization period ends ahead of schedule. The terms of repayment of receivables owed to CYBERGUN are modified, allowing beneficiaries to choose between repayment in cash or in new simple bonds. HBR Investment Group, holding 61% of the receivables, has opted for the latter choice.

This strategy allows CYBERGUN to extend the maturity of its debt without issuing new shares, thus stabilizing its capital. For more information, investors can visit CYBERGUN's official website.