April 8 (Reuters) - Dltx ASA:
* EXIT FROM FILECOIN AND BLOCKCHAIN SEGMENT THROUGH SALE OF ASSETS
* SALE IS A STRATEGIC MOVE IN RESPONSE TO BLOCKCHAIN MARKET DOWNTURN
* SIGNED AN AGREEMENT TO SELL ALL FOREIGN OPERATING SUBSIDIARIES, INCLUDING INTEREST IN FILECOIN CLOUD STORAGE PARTNERSHIPS STORIFY AND HELIX
* BUYER WILL ASSUME LIABILITY FOR APPROX. USD 25 MILLION OF OUTSTANDING DEBT WITH ENTITIES SOLD IN TRANSACTION
* WILL MOVE FORWARD WITH A STREAMLINED ORGANIZATIONAL STRUCTURE
* DLTX - TRANSACTION WILL SIGNIFICANTLY REDUCE CO'S OVERALL DEBT BURDEN
* WILL CHANGE ITS NAME AND WILL CALL FOR AN EXTRAORDINARY GENERAL MEETING ("EGM") IN NEAR FUTURE Source text for Eikon: Further company coverage: