Brief: Simris Group Resolves On Financing Package To Secure Working Capital

Simris AB

23/12/2024 08:47

Dec 23 (Reuters) - Simris Group AB  SIMRISb.ST :
    * RESOLVED ON FINANCING PACKAGE TO SECURE WORKING CAPITAL IN
COMPANY
    * BOARD RESOLVED ON DIRECTED ISSUE OF 277,074,328 NEW B
SHARES
AMOUNTING TO ABOUT SEK 13,850,000, WITH SUBSCRIPTION PRICE OF
SEK 0.05 PER SHARE
    * TO ENTER INTO CONVERTIBLE LOAN AGREEMENTS AMOUNTING TO EUR
0.6
MILLION, WITH OPTION TO INCREASE WITH ADDITIONAL EUR 0.9 MILLION
    * BOARD RESOLVES TO PROLONG EXISTING LOAN AGREEMENT WITH
BRAND
LABORATORIES FZ AMOUNTING TO EUR 777,832

Source text:  ID:nMFN4HnGqq 
Further company coverage:  SIMRISb.ST 

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