Crunchfish gets cash injections

Crunchfish has taken a loan of 5 MSEK from one of its main owners. Crunchfish has also received 820 KSEK from employees related to the incentive program 2024/2028.

Crunchfish has taken a loan of 5 MSEK from Corespring Invest AB, one of its main owners, with a 6-month term and 7% interest to have sufficient cash during the time it takes to close commercial agreements or secure other financing. 

Related to the incentive program 2024/2028 announced previously, Crunchfish has also received 820 KSEK from employees in Crunchfish. 

These cash injections are believed to provide the company with sufficient cash during the time it takes to close commercial agreements or secure other financing.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the above for publication on 4th September 2024 at 14:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.