LED iBond International has successfully reached agreements for DKK 10 million in new funding to continue its growth strategy
COMPANY ANNOUNCEMENT NO. 81 Inside informationLED iBond International is pleased to announce the successful completion of agreement for DKK 10 million in new capital from both existing and new investors, hereby funding the growth journey expectedly well into 2025. DKK 4.5 million will come from issuing of new shares while DKK 5.5 million will be issued as a convertible loan paid out in steps during 2024 conditional to certain milestone delivery. The raise of DKK 4.5 million will in December 2023 be completed by issuing 12,857,141 new shares at a price of DKK 0.35 per share. The new