Completion of Novation and Timing Update
Released
Released
Announcement PDF
ATOMOS LIMITED (ASX:AMS)
700 SWANSTON STREET
CARLTON VIC 3053
ACN: 139 730 500
20 October 2023
ASX Announcement
Completion of Novation Arrangements and
Company Update
Atomos Limited (ASX:AMS, ‘Atomos’ or the ‘Company’) refers to its announcement dated
13 October 2023, regarding the transfer of the working capital facility held with Arrowpoint Capital
Finance 103 Pty Ltd (Debt Facility) to Domazet FT3 Pty Ltd as trustee for The Domazet Family Trust
No 3 (Doma), and the terms of the relevant Deed of Novation, Assignment and Amendment (Novation
Deed) entered into to give effect to the transaction (Announcement).
The Company is pleased to announce that the Novation Deed is unconditional as the conditions
precedent have been satisfied, the transactions contemplated by the Novation Deed have now been
completed and the Amended Facility (as that term is defined in the Announcement) has come into
effect.
Update on Audit Process
Following the update provided to the market in the Announcement, the Board wishes to advise that it
anticipates that the audit of the Company’s annual financial report will be finalised by early November.
The Board further advises that the Company is pursuing a recapitalisation plan, on which action is well
progressed, and that it expects to be in a position to make a further announcement in this regard by
mid-November 2023.
This announcement has been authorised for lodgement with ASX by the Company’s Chair.
--ENDS-For further information please contact:
Trevor E l b o u r n e
James Cody
Chief Executive Officer
Chief Financial
Officer
+61 448 134 635
+61 407 048 514
trevor@atomos.com
james@atomos.com
Atomos’ Interactive Investor Hub
Our investor hub is an interactive location to engage with the Atomos team on our announcements
and updates. Please go to the Atomos Investor Hub for all market announcements and other news
https://announcements.atomos.com.
We welcome investors to ask questions and add comments to which our team can respond where
possible.
About Atomos:
ATOMOS designs pioneering products that transform the way film and video content is made around the world. From our
range of hardware devices for monitoring and recording, easy-to-use software tools, and intelligent cloud services, we engineer
best-in-class technologies and create products for the next generation of filmmakers.
Through relentless innovation, we simplify your workflow. Whether you record cinema-quality footage, monitor a scene with
crystal clear colour accuracy, switch between multiple cameras, or stream a live event with a portable studio, ATOMOS
empowers anyone to realize the best possible version of their creative potential.
ATOMOS is based in Melbourne, Australia, with a distributed worldwide team and offices in the USA, Japan, China, UK, and
Germany and has a worldwide distribution partner network.
For more information, please visit www.atomos.com
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