Quickbit repays bridge financing and adds new CEO
The 16th of February, FrontOffice Nordic AB (publ) (”FrontOffice”) supported Quickbit eu AB (publ) (”Quickbit”) with a bridge financing loan of 1 MSEK in front of coming IPO. The loan has now been fully repaid, including interest.
”Quickbit works fully in preparing its IPO, which of course also includes raise of capital. This has enabled that they now can repay its loan and continue towards their IPO.” says Johan Lund, CEO FrontOffice.
Quickbit announced also today that their Senior Advisor, Jörgen Eriksson, take over the role as CEO after Reinhold Konnander. Konnander will however remain as a member of the board.
Jörgen Eriksson has since early spring been managing the development of Quickbits operative business in Gibraltar. He has long experience from international business development and a deep knowledge about the financial markets. Jörgen has a background as Director of Europe, Middle East and Africa (EMEA) for Wall Street Systems, where he for instance was the head of creating systems for the European Central Bank (ECB).
Quickbits IPO process is ongoing according to plan. For more status regarding Quickbits operative development and information regarding ongoing IPO process we refer to: https://news.cision.com/se/quickbit-eu-ab
For more information, please contact:
Johan Lund
CEO
FrontOffice Nordic AB (publ)
+4670 - 55 653 54
johan@frontofficenordic.se
www.frontofficenordic.se
About FrontOffice Nordic AB (publ)
FrontOffice Nordic AB (publ) invests in growing companies, especially in companies which have had temporary payment difficulties but has a solid business idea. By being an active owner and contribute with both strategic competence and operational improvements, FrontOffice creates conditions for value growing investments.
