Brief: OptiCept Takes Out Loan Of SEK 29 Mln
03/06/2024 09:27
June 3 (Reuters) - OptiCept Technologies AB OPTIFR.ST :
* SAID ON SUNDAY CO HAS AGREED TO TAKE OUT A LOAN OF A TOTAL
OF
SEK 29 MILLION FROM A NUMBER OF PROFESSIONAL LENDERS
* PROCEEDS FROM THE LOAN ARE INTENDED TO BE USED TO MEET THE
INCREASED DEMAND FOR THE COMPANY'S PRODUCTS AND FOR FULL
REPAYMENT OF THE EXISTING LOAN
* REMUNERATION TO THE LENDERS CONSISTS PARTLY OF AN ANNUAL
INTEREST OF 6%, PARTLY OF 4,350,000 FREE WARRANTS IN THE COMPANY
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Further company coverage: OPTIFR.ST
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