Brief: Spenn Technology Secures New Funding Of NOK 30 Mln

SPARK Technology A/S

21/12/2022 07:38

Dec 21 (Reuters) - SPENN Technology A/S  SPENN.CO :
    * SECURED NEW FUNDING OF NOK 30 MILLION
    * CONVERTIBLE LOANS, BACKED BY A SELECTED GROUP OF
INVESTORS, IS
THE SOURCE FOR NOK 30 MILLION IN ADDITIONAL FUNDING
    * LOANS ARE ISSUED WITH A 10 PER CENT INTEREST RATE FOR A
24-MONTH
TERM
    * LOANS INCLUDE OPTION TO PURCHASE SPENN SHARES AT FIXED
PRICE OF
DKK 0.20 FOR AMOUNT EQUAL TO LOAN GIVEN

Further company coverage:  SPENN.CO 
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