829 0 Kommentare Performance Sports Group Executes Amendments With Lenders Extending Deadline for Filing Its Annual Report on Form 10-K - Seite 3

Forward-looking statements, by their nature, are based on assumptions, which, although considered reasonable by the Company at the time of preparation, may prove to be incorrect, and are subject to important risks and uncertainties. There can be no assurances of the timing of the filing of the Annual Filings, the results of the internal investigation being conducted by the Audit Committee in connection with the finalization of the Company's Annual Filings and the related certification process of the Company's annual audited financial statements for the fiscal year ended May 31, 2016, the outcome of any review and evaluation of strategic alternatives by the Special Committee or the outcome of ongoing discussions with the Company's lenders and applicable securities regulatory authorities. The Special Committee has not established a definitive timeline to complete its review and evaluation of strategic alternatives and no decision on any particular alternative has been reached at this time. There can be no assurance that this process will result in any transaction.

Many factors could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the Company not obtaining an MCTO or in the event the Company obtains an MCTO, but does not subsequently file its Annual Filings, an order being issued creasing trading in the Company's securities, the factors identified in the "Risk Factors" sections of the Company's annual report on Form 10-K dated August 26, 2015 and quarterly report on Form 10-Q dated April 14, 2016, which are available on EDGAR at www.sec.gov, on SEDAR at www.sedar.com, and on the Company's website at www.performancesportsgroup.com.

Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not intend and undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.