Catenai (AIM:CTAI), the AIM-quoted provider of digital media and technology services, said it is in talks with Klarian to extend the repayment deadline on a loan that has now been pushed back at least twice.
Klarian owed Catenai £699,160 as of 1 April, covering the outstanding balance and fees on a £450,000 unsecured convertible loan note facility first announced in April 2024.
Under an extension agreement struck in May 2025, Klarian had committed to repay that sum by 1 July, with a further fee of 3% per month accruing on any unpaid balance.
That deadline has now passed without repayment.
Catenai said it will update the market once a further extension is finalised.
