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    Brief: Anoto Group Enters Into Convertible Loan Agreement To Raise $750,000

    Picture of Inq AB (publ) logoInq AB (publ)
    29/04/2025 07:35
    April 29 (Reuters) - Anoto Group AB ANOT.ST:

HAS ENTERED INTO A CONVERTIBLE LOAN AGREEMENT TO RAISE USD 750,000

PROCEEDS FROM LOAN WILL BE USED TO ACCELERATE MANUFACTURE, LAUNCH, AND MARKETING OF ANOTO'S NEW DIGITAL PEN AND SOFTWARE PLATFORM

LOAN WILL BE REPAID IN TWELVE (12) EQUAL MONTHLY INSTALLMENTS

OUTSTANDING PRINCIPAL WILL ACCRUE INTEREST AT A RATE OF 10.00% PER ANNUM

Source text: ID:nGNE1TPLLJ

Further company coverage: ANOT.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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