BRIEF-Second Tier Tax Court Denied Groupon S.R.L.'S Request For A Suspension Of Appeal Bond

April 15 (Reuters) - Groupon Inc :

* GROUPON - ON APR 9, SECOND TIER TAX COURT DENIED GROUPON S.R.L.'S REQUEST FOR A SUSPENSION OF APPEAL BOND AND SET AN EXPEDITED HEARING DATE OF JULY 9

* GROUPON - GIVEN THIS DENIAL, GROUPON S.R.L. REQUIRED TO POST AN APPEAL BOND CONSISTING OF ABOUT EUR21 MILLION, DUE IMMEDIATELY

* GROUPON INC - SEES FIRST QUARTER 2024 REVENUES TO BE CLOSE TO, OR ABOVE, THE HIGH-END OF GUIDANCE

* GROUPON INC - GROUPON S.R.L. WILL BE PAUSING SALES OF LOCAL VOUCHERS IN ITALY

* GROUPON- GROUPON S.R.L. REQUIRED TO POST APPEAL BOND CONSISTING OF ABOUT EUR48 MILLION THAT WILL BE REQUIRED TO BE POSTED ON OR BEFORE OCTOBER 22

* GROUPON INC - ONLINE MARKETPLACE IN ITALY WILL CONTINUE TO OPERATE & MARKET GROUPON GOODS & TRAVEL DEALS

* GROUPON- ITALIAN TAX AUTHORITIES HAVE PLACED A LIEN ON GROUPON S.R.L.'S BANK ACCOUNT, WHICH CURRENTLY RESTRICTS OUTGOING PAYMENTS FROM THAT ACCOUNT

* GROUPON INC - EXPECTS ASSOCIATED REVENUE LOSS FROM PAUSING LOCAL DEALS IN ITALY TO BE ABOUT EUR1 MILLION PER MONTH

* GROUPON INC - BASED ON GROUPON S.R.L.'S CURRENT LIQUIDITY POSITION, IT DOES NOT HAVE ABILITY TO POST FULL AMOUNT OF FIRST APPEAL BOND PORTION

* GROUPON INC - DO NOT EXPECT DEVELOPMENTS TO IMPACT ABILITY OF CO TO MEET ITS OBLIGATIONS OUTSIDE OF GROUPON S.R.L

* GROUPON- EVALUATING OPTIONS WHICH INCLUDE GROUPON S.R.L. SEEKING AN AGREEMENT WITH TAX AUTHORITIES ON AN INSTALLMENT PLAN FOR BOND OBLIGATIONN

* GROUPON INC - EVALUATING OPTIONS WHICH INCLUDE GROUPON S.R.L. CEASING CERTAIN BUSINESS ACTIVITIES IN ITALY

* GROUPON INC - EVALUATING OPTIONS WHICH INCLUDE TAKING CERTAIN RESTRUCTURING ACTIONS SPECIFIC TO GROUPON S.R.L.

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