Brief: Amniotics Extends SEK 3.3 Mln Loan Agreement Until End Of June

Amniotics AB (publ)

22/05/2024 08:56

May 22 (Reuters) - Amniotics AB  AMNI.ST :
    * SAID ON TUESDAY AGREED ON ADDITIONAL EXTENSION OF
OUTSTANDING
LOAN OF APPROXIMATELY SEK 3.3 MILLION FROM BUNTEL UNTIL JUNE 30,
2024
    * MAGLE CHEMOSWED INTENDS TO CONTINUE TO CALL OFF SERVICES
UNDER
SERVICE AGREEMENT FROM MARCH 21, 2024 ALSO DURING JUNE 2024
    * EXTENSION OF LOAN AND CONTINUED COOPERATION WITH MAGLE ARE
EXPECTED TO SECURE AMNIOTICS' SHORT-TERM CAPITAL NEEDS UNTIL END
OF JUNE 2024
    * BOARD OF DIRECTORS CONTINUES TO SEE GREAT DIFFICULTIES IN
SECURING FINANCING NEEDS IN LONG TERM

        
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