Performance Sports Group Executes Amendments With Lenders Extending Deadline for Filing Its Annual Report on Form 10-K - Seite 2
About Performance Sports Group Ltd.
Performance Sports Group Ltd. (NYSE: PSG) (TSX: PSG) is a leading developer and manufacturer of ice hockey, roller hockey, lacrosse,
baseball and softball sports equipment, as well as related apparel and soccer apparel. The Company is the global leader in hockey with the strongest and most recognized brand, and is a leader in
North America in baseball and softball. Its products are marketed under the BAUER, MISSION, MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are distributed by sales representatives and
independent distributors throughout the world. In addition, the Company distributes its hockey products through its Burlington, Massachusetts and Bloomington, Minnesota Own The Moment Hockey
Experience retail stores. Performance Sports Group is a member of the Russell 2000 and 3000 Indexes. For more information on the Company, please visit www.PerformanceSportsGroup.com.
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Caution Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning of applicable securities laws including with respect
to, among other things, the timely filing of the Annual Filings, the Company's ability to manage its liquidity position, borrow under its revolving credit facility and to continue operating its
business and serving its customers in the ordinary course, the review and evaluation of strategic alternatives being undertaken by the Special Committee with the assistance of its independent
financial advisor, ongoing discussions with the Company's lenders, the granting of a MCTO (rather than a cease trader order) in connection with the Company's application to the applicable
securities regulators in Canada pursuant to National Policy 12-203, the Company's intention to satisfy the provisions of the alternative information guidelines under National Policy 12-203 and
general operational and financial performance in future periods. The words "may," "will," "would," "should," "could," "expects," "plans," "intends," "trends," "indications," "anticipates,"
"believes," "estimates," "predicts," "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking
statements.