CYBERGUN overview

Cybergun, a world leader in recreational shooting, has just signed a further agreement with EVIKE.COM, the leading USA based Airsoft designer, manufacture, and distributor of Airsoft guns. In mid-2019, Cybergun signed a major distribution agreement for the USA with EVIKE.COM giving the latter exclusive rights to distribute Cybergun products in the USA, excluding chain stores and the military market. On the strength of this partnership, which developed faster than initial expectations, the two...

March 2, 2020. Cybergun has published its financial reporting calendar for 2020. As previously announced, in October 2019 the General Meeting of shareholders voted to change the closing date of the Company's financial year from March 31 to December 31. Accordingly, the financial year beginning on April 1, 2019 will exceptionally last for 21 months ending on December 31, 2020. Under these circumstances, the Company plans to publish at least a set of unaudited interim financial statements for the...

February 11, 2020. Cybergun today announces that the commercial court has definitively approved the firm's accelerated financial rescue plan. As previously announced, bondholders will soon be offered two reimbursement options. With financial support from Restarted Investment, these will help Cybergun become entirely debt-free and enjoy rebalanced accounts. In response to this news, Cybergun CEO Hugo Brugière said: “We're finally bringing an end to the crippling liabilities handed on to us by...