Amounts due at the end 2023 were diluted over two
years
SÃO PAULO, Dec. 21,
2022 /PRNewswire/ -- Zenvia Inc. (NASDAQ: ZENV) (the
"Company"), the leading cloud-based CX platform in Latin America, empowering companies to
transform their customer journeys, today announced the successful
renegotiation of its remaining payments linked to the SenseData
acquisition.
Shay Chor, Zenvia's CFO, stated:
"With this agreement with SenseData, we close the year with all
earn out payments extended, positively impacting our funding gap
and significantly reducing payments until the end of 2023. This
allows us to focus on our profitability path and improving the
company's capital structure while maximizing cashflow."
The payment of R$23.7 million, due
at the end of December 2022, was
reduced to R$18.0 million, with the
remaining amount to be paid in 12 fixed installments over 2023, and
subject to accrued interests in line with Zenvia's current bank
financing costs. Also, for 2023, the total amount of remaining
payments will continue to be related to the achievements of gross
profit targets, as defined in the original agreement. Zenvia agreed
to pay a fixed amount of R$20 million
in December 2023, with the remaining
amount to be paid in 24 instalments, subject to accrued interests
in line with Zenvia's current bank financing costs. SenseData´s
founding partners will continue to manage the company as per the
original agreement, until the end of 2023.
With the conclusion of this transaction, the total earnout for
the acquisition of Sirena, D1, Movidesk and SenseData to be paid
until the end of 2023 was reduced from estimated BRL 444 million to BRL 81
million, with the balance to be paid in installments until
the end of 2026.
Contacts
Investor Relations
Caio
Figueiredo
Fernando
Schneider
ir@zenvia.com
|
Media Relations – Grayling
Lucia Domville – (646)
824-2856 – lucia.domville@grayling.com
Fabiane Goldstein –
(954) 625-4793 –
fabiane.goldstein@grayling.com
|
About ZENVIA
ZENVIA is driven by the purpose of empowering companies to
create unique experiences for end-consumers through its unified CX
SaaS end-to-end platform. ZENVIA empowers companies to transform
their existing customer experience from non-scalable, physical and
impersonal interactions into highly scalable, digital-first and
hyper-contextualized experiences across the customer journey.
ZENVIA's unified end-to-end CX SaaS platform provides a combination
of (i) SaaS focused on campaigns, sales teams, customer service and
engagement, (ii) tools, such as software application programming
interfaces, or APIs, chatbots, single customer views, journey
designers, documents composer and authentication and (iii)
channels, such as SMS, Voice, WhatsApp, Instagram and Webchat. Its
comprehensive platform assists customers across multiple use cases,
including marketing campaigns, customer acquisition, customer
onboarding, warnings, customer services, fraud control,
cross-selling and customer retention, among others. ZENVIA's shares
are traded on Nasdaq, under the ticker ZENV.
Forward-Looking Statements
These forward-looking statements are made as of the date they
were first issued and were based on current expectations,
estimates, forecasts, and projections, as well as the beliefs and
assumptions of management. Words such as "expect," "anticipate,"
"should," "believe," "hope," "target," "project," "goals,"
"estimate," "potential," "predict," "may," "will," "might,"
"could," "intend," variations of these terms or the negative of
these terms and similar expressions are intended to identify these
statements. Forward-looking statements are subject to a number of
risks and uncertainties, many of which involve factors or
circumstances that are beyond Zenvia's control. Zenvia's actual
results could differ materially from those stated or implied in
forward-looking statements due to several factors, including but
not limited to: our ability to innovate and respond to
technological advances, changing market needs and customer demands,
our ability to successfully acquire new businesses as customers,
acquire customers in new industry verticals and appropriately
manage international expansion, substantial and increasing
competition in our market, compliance with applicable regulatory
and legislative developments and regulations, the dependence of our
business on our relationship with certain service providers, among
other factors.
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SOURCE Zenvia Inc.