Fuud decides on a directed issue of convertibles to Formue Nord Fokus A/S of SEK 23 million
STOCKHOLM, July 13, 2022 14.30 CEST The Board of Directors of FUUD AB (publ) (“Fuud” or “the Company”) has today, 13 July 2022, with the support of the Annual General Meeting's authorization on 14 June 2022 and in accordance with a previously communicated agreement, decided to raise convertible loans through a directed issue of two (2) convertibles to Formue Nord Fokus A / S (“Formue”) with nominal amounts of SEK 5.5 million and SEK 17.5 million, respectively, and maturities up to and including December 15, 2022 and January 15, 2024, respectively (the “Convertibles”). For the Convertibles,