Further to the 5 November 2025 announcement (https://view.news.eu.nasdaq.com/view?id=1398914&lang=en) that SIA “CrossChem” (hereinafter – the Issuer) initiated a Procedure in Writing to obtain the Noteholders’ consent to the proposed amendments to the Offering Memorandum, it can be confirmed that the required majority was already received by the close of business on 14 November 2025.
Although the terms of the Procedure in Writing remain unchanged it clears the way for the commencement of documentational-based steps whereby Richard Anderson may increase his participation in the owner of the parent company, CrossChem International SIA (CCI) up to 100% (without the involvement of any new shareholders).
“On behalf of our team at CrossChem, I want to extend my sincere gratitude to all noteholders who cast their votes promptly and effectively — your support is pivotal in enabling us to advance these important amendments with confidence and in a timely fashion,” said Richard Anderson, author of the CrossChem business idea, the head of the Company's operational and international processes and 50% owner of CCI.
CrossChem is a 100% Latvian company, which is part of CrossChem International - the world's largest, independent network of AdBlue® manufacturers. The company's business is based on the production and distribution of sustainable and environmentally friendly chemical products, as well as the provision of services related to the circulation and storage of chemical goods.