Bawat Water Technologies AB Has Resolved On A Directed Set-off Issue To Lenders Following The Listing On Nasdaq First North Premier Growth Market
Stockholm, Sweden, April 1, 2022: Bawat Water Technologies AB (the “Company”) announces that the Company has resolved on a directed set-off issue (the “Set-off Issue”) to Danmarks Grønne Investeringsfond (“DGIF”) and Den Danske Maritime Fond (“DDMF”) (together, the “Lenders”), following the listing on Nasdaq First North Premier Growth Market (“First North”). The board has resolved on an issue of a total of 3,276,940 shares by way of set-off, with the support of an issue authorisation, to set-off certain loans from DGIF and DDMF. The Set-off Issue was fully subscribed. As