Veg of Lund obtain loans of MSEK 1.75 from Board members and existing shareholder with conversion rights
Veg of Lund AB (publ) (“Veg of Lund” or the “Company”) has today entered into an agreement with Board members and an existing shareholder regarding the raising of loans totaling MSEK 1.75. The terms provide a conversion right for the lenders whereby repayment can be made with the Company's shares. The loans are raised in order to strengthen the Company’s working capital.Background Veg of Lund has today, on 26 January 2024, raised loans of MSEK 1.75. The Company has entered into loan agreements with Board members and the existing shareholder Svarta Tornet Invest AB (the “Lenders”). The