As Edinburgh loses out on Levelling Up Funding, Capital Theatres is working with the Scottish Government, the City of Edinburgh Council and the UK Government to ensure the King's Theatre doesn't close its doors forever.
The Edinburgh institution closed last August for redevelopment, but since then a funding gap has stalled completion of the works.
While £26m has been raised by owner Capital Theatres, inflation and changing trading agreements mean that the project will cost an estimated £8.9m more.