Artificial Solutions agrees a flexible convertible notes funding program providing up to SEK 60 million to support accelerated growth
Artificial Solutions® International AB (publ) (“Artificial Solutions”) (SSME:ASAI) the leading specialist in enterprise-strength conversational AI, has entered into a convertible note agreement with Nice & Green S.A. (“N&G”) whereby convertible notes of up to SEK 60 million will be issued over a 14 month period which can be extended by Artificial Solutions. The convertible notes can be converted to shares at a 7 percent discount to the market price. The purpose is to underpin the company’s commitment to accelerate global sales growth of its conversational AI solutions. Following the recent