As we’ve reported previously, Funcom’s financials aren’t in the best of shape, and as of this morning, the company is appealing to its bondholders to lend a hand in keeping the studio running.

The studio has summoned its bondholders to a meeting on October 26th in which they will vote on a proposal to reduce the conversion rate of each bond and extend the bonds’ maturity date for a year, giving Funcom more time to pay its debts. “The proposed amendments are intended to provide cash relief to Funcom N.V. in 2015 to allow for sufficient working capital,” the summons stated.

Funcom’s stocks have slid sharply in the wake of this news. You can read the relevant quote from the bondholders’ meeting summons after the break.