Brief: Kinda Brave Secures Funding Until Flagship Launch

Kinda Brave Entertainment AB (publ)

02/01/2025 07:26

Jan 2 (Reuters) - Kinda Brave Entertainment Group AB
 BRAVE.ST :
    * SAID ON TUESDAY IT SECURES FUNDING UNTIL LAUNCH OF
FLAGSHIP
TITLE HELA
    * ENTERS INTO LOAN AGREEMENT WITH AVIDA FOR REFINANCING OF
EXISTING LOAN OF SEK 6.5 MLN FROM BIZCAP AB AND QUANTUM LEBEN
    * ALSO TOOK OUT REVOLVING CREDIT FACILITY OF UP TO SEK 10
MLN
    * HAS ENTERED INTO COMPENSATION AGREEMENT WITH GUARANTORS
THAT
ENTITLES GUARANTORS TO COMPENSATION FOR GUARANTEE COMMITMENT
    * COMPENSATION FOR GUARANTEE COMMITMENTS WILL BE MADE
THROUGH
DIRECTED SHARE 
    * SUBSCRIPTION PRICE IN DIRECTED NEW SHARE ISSUE SET AT SEK
1.35
PER SHARE

        
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