Stockholm, Sweden, 24 April, 2026 — Maximum Entertainment AB (Nasdaq: MAXENT B) today announces that Cathay Bank ("Cathay" or the "Bank") has filed a complaint with the Superior Court of the State of California against the company's U.S. subsidiary, Maximum Entertainment, LLC (the "Borrower"), dated April 21, 2026.
As previously announced by the company on 20 April, 2026 Cathay had notified the Borrower of its intention to immediately begin exercising its rights and remedies, including seeking the appointment of a receiver over the Borrower's assets and operations. Cathay has now filed a complaint with the Superior Court of the State of California against the Borrower and Maximum Entertainment is currently going through the case documents to determine its course of action going forward.
The matter concerns the Borrower and its subsidiaries; subsidiaries held directly by Maximum Entertainment AB are not affected at this stage.
Maximum Entertainment will keep the market informed of any material developments.