Fuud enters into an agreement with Formue Nord Fokus A/S regarding convertibles of SEK 23 million
STOCKHOLM, JULY 12, 2022 13.30 CEST FUUD AB (publ) (“Fuud” or “the Company”) has today, July 12, 2022, entered into an agreement with Formue Nord Fokus A/S (“Formue”) through which the Company undertakes to raise convertible loans through the issue of, and Formue undertakes to subscribe for two (2) convertibles with nominal amounts of SEK 5.5 million and SEK 17.5 million, respectively, with maturities up to and including December 15, 2022 and January 15, 2024, respectively (the "Convertibles"). For the Convertibles, Formue will pay SEK 5,225,000 and SEK 16,625,000, respectively. Conversion