Brief: Eyeonid Raises Loan Of SEK 15 Mln

Safestate AB (publ)

28/05/2019 06:36

May 28 (Reuters) - Eyeonid Group AB  EOID.NGM :
    * SAID ON MONDAY DECIDED TO RAISE LOAN OF SEK 15 MLN FOR
INCREASED
FOCUS ON CUSTOMER LAUNCHES
    * LOAN AGREEMENT SIGNED WITH FORMUE NORD MARKEDSNEUTRAL
    * FUNDS TO BE USED FOR WORKING CAPITAL, TECHNOLOGY
DEVELOPMENT AND
TARGETED SALES EFFORTS
    * LOAN TO RUN UNTIL FEB 28, 2020
    * LOAN TO HAVE ANNUAL INTEREST RATE OF 12%

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr8yL8f9
    
 Further company coverage:  EOID.NGM  
   


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