Bricknode secures loan for SEK 5.3 million to support company operations in lead up to acquisition by Huddlestock
Bricknode announced today that it has secured a loan for SEK 5.3 million. The loan will support company operations in the lead up to its planned acquisition by Huddlestock, which was announced on 15 March 2023.The acquisition will be carried out through a sale of 100% of the shares in Bricknode Software AB, Bricknode Platform AB and Bricknode Ltd (collectively the "Subsidiaries") to Huddlestock for a total consideration of 41,138,911 shares in Huddlestock, provided that the Subsidiaries have a total net cash position of SEK 4 million as of 1 April 2023. Stefan Willebrand, Founder and co-