Gothenburg,Sweden, 25 January, 2022
Heliospectra AB (publ), has decided toraise a short-term loan of SEK 17,025,000 from the main owners Weland Stål AB,ADMA Förvaltnings AB, and Corespring New Technology AB. The purpose of theloans is to strengthen the company's liquidity and working capital. With acapital injection of approximately SEK 17 million, which will be transferred toHeliospectra immediately, liquidity is ensured to meet the company's workingcapital needs in the short term.
The lenders are Heliospectra's three largestshareholders who have entered into separate loan agreements with the companyfor the following amounts.
The loans fall duefor payment in full no later than 30 June 2022. The loans run with an annualinterest rate of 2 percent and a default interest rate of 8 percentage pointsabove the reference interest rate, in line with the Interest Act (1975: 635).If the case the company chooses to carry out a new issue of shares, warrantsand/or convertibles before the repayment date, the lenders have the right toset off the loan, together with accrued interest, against new shares, warrantsand/or convertibles. Provided this is possible according to applicable laws andregulations.
The Board assessesthat the loans have been raised on market terms.
- Heliospectra isin an exciting phase with a new CEO and a new strategy. At the same time, thecompany is preparing to launch several new products on the market in 2022. Inthis phase, the company needs to invest, and we are grateful to have strongowners who believe in the company's new vision and are willing to invest, saysAndreas Gunnarsson , Chairman of the Board of Heliospectra AB (publ).