Irisity AB (publ) secures SEK 5 million loan from Stockhorn Capital AB

The Board of Directors of Irisity AB (publ) (“Irisity” or the “Company”) has today decided to enter into a loan agreement of SEK 5 million (the “Loan”) with the Company’s largest shareholder, Stockhorn Capital AB (”Stockhorn”).

 

The Loan has been agreed on corresponding terms to those of Irisity’s previously communicated loans with Stockhorn and was accepted by the Board of Directors following arm’s length negotiations. The Loan is intended to address a short-term liquidity need and to support the Company’s ongoing operations while broader financing alternatives continue to be