CLARANOVA (Euronext Paris : FR0013426004 – CLA), would like to make the following factual clarifications with respect to information contained in the press release issued by Michael Dadoun and Daniel Assouline on July 3, 2023.
Following the inter partes hearing on June 23, 2023, the President of the Nanterre Commercial Court issued a summary judgment on June 30, 2023 which unequivocally ruled the absence of any grounds for suspending the capital increase launched on June 16, 2023, and accordingly rescinded the interim order of suspension of June 20, 2023 issued as a precautionary measure on an ex parte basis.
On this occasion, the Commercial Court of Nanterre ordered the Canadian plaintiffs, namely the Quebec companies 10422339 Canada Inc. and 6673279 Canada Inc. and the Quebec trust The Dadoun Family Trust, to pay in solidum €60,000 to CLARANOVA, €5,000 to BRYAN GARNIER SECURITIES, and €2,000 to LAFAYETTE INVESTMENTS HOLDING (“LIH”), a U.S. company, in addition to legal costs.
Among other reasons cited, the ruling states that:
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