/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, April 29, 2024 /CNW/ - EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE", or the "Company"), a premium e-commerce brand portfolio, is pleased to announce that, further to its news releases dated March 22, 2024, and April 12, 2024, 100% of the holders (the "Debentureholders") of the 10% senior unsecured convertible debentures (the "Debentures") that were issued by the Company on November 24, 2022, pursuant to a debenture indenture (the "Original Indenture") dated November 24, 2022, between the Company and TSX Trust Company (the "Trustee"), represented in person or by proxy at a meeting of Holders, representing $2,103,000 in principal amount out of an aggregate total of $2,781,000 in principal amount of Debentures issued and outstanding, or approximately 75.6% of such principal amount, have approved an Extraordinary Resolution (as defined in the Original Indenture) approving the proposed amendment of certain terms of the Debentures (the "Amendment") and have authorized the Trustee to enter into a supplemental indenture (the "Supplemental Indenture") giving effect to the Amendment.
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