Brief: Enersize Obtains Bridge Loan

Enersize Oyj

05/07/2022 08:48

July 5 (Reuters) - Enersize Oyj  ENERS.ST :
    * IS TAKING OUT A BRIDGE LOAN TO CONTINUE THE ESTABLISHMENT
OF THE
NEW SAAS BUSINESS MODEL
    * HAS TODAY ENTERED INTO AN AGREEMENT ON A BRIDGE LOAN A
TOTAL OF
SEK 5 MILLION FROM TWO EXISTING SHAREHOLDERS
    * LOAN RUN ON A MONTHLY BASIS INTEREST OF ONE PERCENT AND
FALLS
DUE FOR PAYMENT ON OCTOBER 31, 2022
    * ENERSIZE HAS THE RIGHT TO REPAY THE LOANS PLUS INTEREST IN
ADVANCE, IN CASH, OR IN THE COMPANY'S SHARES

Source text for Eikon:  ID:nMFN66xrsP 
Further company coverage:  ENERS.ST 

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